1, REDD LANDES, SHIRENEWTON, CHEPSTOW, NP16 6QP - £1,062,500

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 REDD LANDES is a very large extended detached house of 216m², built sometime between 1996 and 2002. It was last sold for £1,062,500 in July 2024, which was around 104% above the average July 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

1 REDD LANDES Sold Prices

Land registry data shows four sales for 1 REDD LANDES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 1 REDD LANDES sales were for above 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
2024 26 JUL	£1,062,500	£520,689	104% above HPI
2002 14 MAR	£527,500	£155,077	240% above HPI
1997 19 SEP	£330,000	£101,811	224% above HPI
1995 29 SEP	£280,000	£87,098	221% above HPI

1 REDD LANDES 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 four 1 REDD LANDES sales between September 1995 and July 2024 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 March 2002 sale was for 240% above the HPI. So the extrapolation line tracks at 240% above the HPI over time, until the July 2024 sale, where it falls to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is 1 REDD LANDES?

1 REDD LANDES is 216m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses in Shirenewton, based on EPC data. The below chart shows the distribution of detached houses by size in Shirenewton, and where 1 REDD LANDES lies on this distribution: 81% of detached houses are smaller than 1 REDD LANDES, and 19% of houses are larger. Note that EPC data is not available for all properties in Shirenewton.

1 REDD LANDES: Plot and Title Map

1 REDD LANDES sits on a plot of roughly 0.697 of an acre, or 2,820m². The below map shows the location of 1 REDD LANDES, 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 REDD LANDES). 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 REDD LANDES?

1 REDD LANDES is located in SHIRENEWTON, in the NP16 postcode district. The below map shows the position of No. 1 on REDD LANDES.