12, CORNFORD CLOSE, OSBASTON, MONMOUTH, NP25 3NT - £615,000

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

12 CORNFORD CLOSE is a very large extended detached house of 248m², built sometime between 1983 and 1990. It was last sold for £615,000 in July 2016, which was around 95% above the average July 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

12 CORNFORD CLOSE Sold Prices

Land registry data shows two sales for 12 CORNFORD CLOSE 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 12 CORNFORD CLOSE 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
2016 22 JUL	£615,000	£314,940	95% above HPI
1998 3 JUN	£195,000	£102,110	91% above HPI

12 CORNFORD CLOSE 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 12 CORNFORD CLOSE sales from June 1998 and July 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 June 1998 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the July 2016 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is 12 CORNFORD CLOSE?

12 CORNFORD CLOSE is 248m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 12 CORNFORD CLOSE lies on this distribution: 96% of detached houses are smaller than 12 CORNFORD CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

12 CORNFORD CLOSE: Plot and Title Map

12 CORNFORD CLOSE sits on a plot of roughly 0.646 of an acre, or 2,615m². The below map shows the location of 12 CORNFORD CLOSE, 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 12 CORNFORD CLOSE). 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 12 CORNFORD CLOSE?

12 CORNFORD CLOSE is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 12 on CORNFORD CLOSE.