11, MILL COMMON, UNDY, CALDICOT, NP26 3JH - £358,000

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 MILL COMMON is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £358,000 in October 2023, which was around 27% below the average October 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

11 MILL COMMON Sold Prices

Land registry data shows four sales for 11 MILL COMMON 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. All of the four 11 MILL COMMON 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
2023 12 OCT	£358,000	£490,291	27% below HPI
2017 12 APR	£265,000	£333,869	21% below HPI
2007 12 JAN	£210,000	£286,581	27% below HPI
2002 14 JUN	£119,950	£167,190	28% below HPI

11 MILL COMMON 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 11 MILL COMMON sales between June 2002 and October 2023 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 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 MILL COMMON?

11 MILL COMMON is 108m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 11 MILL COMMON lies on this distribution: 29% of detached houses are smaller than 11 MILL COMMON, and 69% of houses are larger. Note that EPC data is not available for all properties in Magor.

11 MILL COMMON: Plot and Title Map

11 MILL COMMON sits on a plot of roughly 6.6 acres, or 26,674m². The below map shows the location of 11 MILL COMMON, 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 MILL COMMON). 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 MILL COMMON?

11 MILL COMMON is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 11 on MILL COMMON.