11, LANCASTER WAY, OSBASTON, MONMOUTH, NP25 3BE - £521,000

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

11 LANCASTER WAY is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £521,000 in May 2022, which was around 12% above the average May 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

11 LANCASTER WAY Sold Prices

Land registry data shows three sales for 11 LANCASTER WAY 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 11 LANCASTER WAY 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
2022 5 MAY	£521,000	£464,017	12% above HPI
2013 12 DEC	£355,000	£275,237	29% above HPI
1997 2 JUL	£126,500	£99,134	28% above HPI

11 LANCASTER 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 three 11 LANCASTER WAY sales between July 1997 and May 2022 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 December 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 11 LANCASTER WAY?

11 LANCASTER WAY is 121m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 11 LANCASTER WAY lies on this distribution: 49% of detached houses are smaller than 11 LANCASTER WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

11 LANCASTER WAY: Plot and Title Map

11 LANCASTER WAY sits on a plot of roughly 0.375 of an acre, or 1,516m². The below map shows the location of 11 LANCASTER 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 11 LANCASTER 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 11 LANCASTER WAY?

11 LANCASTER WAY is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 11 on LANCASTER WAY.