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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 REDD LANDES is a very large extended detached house of 216m², built sometime between 1996 and 2002, which could now be worth an estimated £1,042,753. It was last sold for £1,062,500 in July 2024, which was around 114% 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	£496,292	114% above HPI
2002 14 MAR	£527,500	£155,396	239% above HPI
1997 19 SEP	£330,000	£102,021	223% above HPI
1995 29 SEP	£280,000	£87,278	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 239% above the HPI. So the extrapolation line tracks at 239% above the HPI over time, until the July 2024 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might 1 REDD LANDES be worth now?

1 REDD LANDES might now be worth an estimated £1,042,753.

This is based on house price deflation of 1.9%, between July 2024 and December 2024, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% deflationary decrease is applied to the most recent sale price for 1 REDD LANDES of £1,062,500 on 26th July 2024. For the value to have decreased from £1,062,500 to £1,042,753 over the seven months to December 2024, the following assumptions must hold true:

• The value of 1 REDD LANDES has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2024 sale price of £1,062,500 represented a fair market value for the property.
• The size, condition, and specification of 1 REDD LANDES has not materially changed since July 2024.

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 houses in Shirenewton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shirenewton, and where 1 REDD LANDES lies on this distribution: 81% of detached houses 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.