12, MILL COMMON, UNDY, CALDICOT, NP26 3JH - £309,000

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 MILL COMMON is a large detached house of 139m², built sometime between 1976 and 1982. It was last sold for £309,000 in September 2018, which was around 19% below the average September 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

12 MILL COMMON Sold Prices

Land registry data shows two sales for 12 MILL COMMON 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 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
2018 11 SEP	£309,000	£379,413	19% below HPI
2006 26 JUL	£220,000	£276,697	20% below HPI

12 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 two 12 MILL COMMON sales from July 2006 and September 2018 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 July 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 MILL COMMON?

12 MILL COMMON is 139m² according to the EPC inspection conducted in February 2023. This puts it in the largest 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 12 MILL COMMON lies on this distribution: 71% of detached houses are smaller than 12 MILL COMMON, and 29% of houses are larger. Note that EPC data is not available for all properties in Magor.

12 MILL COMMON: Plot and Title Map

12 MILL COMMON sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 12 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 12 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 12 MILL COMMON?

12 MILL COMMON is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 12 on MILL COMMON.