1, WEDGEWOOD DRIVE, PORTSKEWETT, CALDICOT, NP26 5TL - £193,000

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 WEDGEWOOD DRIVE is a very small detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £310,575. It was last sold for £193,000 in December 2014, which was around 37% below the average December 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

1 WEDGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 1 WEDGEWOOD DRIVE 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. All of the three 1 WEDGEWOOD DRIVE 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
2014 1 DEC	£193,000	£305,740	37% below HPI
2007 1 MAY	£218,500	£272,002	20% below HPI
2005 6 APR	£189,000	£255,112	26% below HPI

1 WEDGEWOOD DRIVE 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 WEDGEWOOD DRIVE sales between April 2005 and December 2014 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 May 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 WEDGEWOOD DRIVE be worth now?

1 WEDGEWOOD DRIVE might now be worth an estimated £310,575.

This is based on house price inflation of 60.9%, between December 2014 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 60.9% inflationary increase is applied to the most recent sale price for 1 WEDGEWOOD DRIVE of £193,000 on 1st December 2014. For the value to have increased from £193,000 to £310,575 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2014 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WEDGEWOOD DRIVE has not materially changed since December 2014.

How Large is 1 WEDGEWOOD DRIVE?

1 WEDGEWOOD DRIVE is 94m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portskewett, and where 1 WEDGEWOOD DRIVE lies on this distribution: 18% of detached houses houses are smaller than 1 WEDGEWOOD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Portskewett.

1 WEDGEWOOD DRIVE: Plot and Title Map

1 WEDGEWOOD DRIVE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 1 WEDGEWOOD DRIVE, 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 WEDGEWOOD DRIVE). 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 WEDGEWOOD DRIVE?

1 WEDGEWOOD DRIVE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 1 on WEDGEWOOD DRIVE.