1, THE SHIRES, GILWERN, ABERGAVENNY, NP7 0EX - £615,000

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 THE SHIRES is a very large extended detached house of 245m², built sometime between 1991 and 1995. It was last sold for £615,000 in October 2021, which was around 40% above the average October 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

1 THE SHIRES Sold Prices

Land registry data shows three sales for 1 THE SHIRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Two of the three 1 THE SHIRES sales were for above the average price, whilst one was 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
2021 22 OCT	£615,000	£439,012	40% above HPI
2016 28 OCT	£365,000	£321,549	14% above HPI
1995 28 APR	£20,000	£89,653	78% below HPI

1 THE SHIRES 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 three 1 THE SHIRES sales between April 1995 and October 2021 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 October 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 1 THE SHIRES?

1 THE SHIRES is 245m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 1 THE SHIRES lies on this distribution: 99% of detached houses are smaller than 1 THE SHIRES, and 1% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

1 THE SHIRES: Plot and Title Map

1 THE SHIRES sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 1 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

1 THE SHIRES is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 1 on THE SHIRES.