1, TOLLSTONE WAY, GROSMONT, ABERGAVENNY, NP7 8ER - £223,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 TOLLSTONE WAY is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £348,121. It was last sold for £223,000 in February 2016, which was around 29% below the average February 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was A.

1 TOLLSTONE WAY Sold Prices

Land registry data shows two sales for 1 TOLLSTONE WAY 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 TOLLSTONE WAY 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
2016 5 FEB	£223,000	£315,164	29% below HPI
2005 18 NOV	£130,000	£267,439	51% below HPI

1 TOLLSTONE WAY 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 TOLLSTONE WAY sales from November 2005 and February 2016 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 November 2005 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 TOLLSTONE WAY be worth now?

1 TOLLSTONE WAY might now be worth an estimated £348,121.

This is based on house price inflation of 56.1%, between February 2016 and February 2025, 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 56.1% inflationary increase is applied to the most recent sale price for 1 TOLLSTONE WAY of £223,000 on 5th February 2016. For the value to have increased from £223,000 to £348,121 over the nine years to February 2025, the following assumptions must hold true:

• The value of 1 TOLLSTONE WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The February 2016 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TOLLSTONE WAY has not materially changed since February 2016.

How Large is 1 TOLLSTONE WAY?

1 TOLLSTONE WAY is 75m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Grosmont, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grosmont, and where 1 TOLLSTONE WAY lies on this distribution: Less than 1% of detached houses houses are smaller than 1 TOLLSTONE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grosmont.

1 TOLLSTONE WAY: Plot and Title Map

1 TOLLSTONE WAY sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 1 TOLLSTONE WAY, 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 TOLLSTONE WAY). 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 TOLLSTONE WAY?

1 TOLLSTONE WAY is located in GROSMONT, in the NP7 postcode district. The below map shows the position of No. 1 on TOLLSTONE WAY.