1, LEA CLOSE, UNDY, CALDICOT, NP26 3JX - £266,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LEA CLOSE is a very large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £266,000 in December 2018, which was around 30% below the average December 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

1 LEA CLOSE Sold Prices

Land registry data shows two sales for 1 LEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 1 LEA CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 4 DEC	£266,000	£380,767	30% below HPI
2014 16 DEC	£210,000	£305,112	31% below HPI

1 LEA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 1 LEA CLOSE sales from December 2014 and December 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 LEA CLOSE?

1 LEA CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses in Undy, based on EPC data. The below chart shows the distribution of detached houses by size in Undy, and where 1 LEA CLOSE lies on this distribution: 87% of detached houses are smaller than 1 LEA CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Undy.

1 LEA CLOSE: Plot and Title Map

1 LEA CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 LEA CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LEA CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LEA CLOSE?

1 LEA CLOSE is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 1 on LEA CLOSE.