10, SOMERSET DRIVE, RAGLAN, USK, NP15 2DW - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 SOMERSET DRIVE is a very large detached house of 174m², built sometime between 1976 and 1982. It was last sold for £275,000 in May 2015, which was around 6% below the average May 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

10 SOMERSET DRIVE Sold Prices

Land registry data shows four sales for 10 SOMERSET DRIVE 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. Most of the four 10 SOMERSET 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
2015 15 MAY	£275,000	£293,395	6% below HPI
2011 1 APR	£270,000	£274,758	2% below HPI
1999 30 JUL	£92,000	£111,936	18% below HPI
1995 30 OCT	£87,995	£86,059	2% above HPI

10 SOMERSET 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 four 10 SOMERSET DRIVE sales between October 1995 and May 2015 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 April 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 10 SOMERSET DRIVE?

10 SOMERSET DRIVE is 174m² according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where 10 SOMERSET DRIVE lies on this distribution: 89% of detached houses are smaller than 10 SOMERSET DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Raglan.

10 SOMERSET DRIVE: Plot and Title Map

10 SOMERSET DRIVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 10 SOMERSET 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 10 SOMERSET 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 10 SOMERSET DRIVE?

10 SOMERSET DRIVE is located in RAGLAN, in the NP15 postcode district. The below map shows the position of No. 10 on SOMERSET DRIVE.