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
14 MARTIN CLOSE is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £389,950 in March 2022, which was around 15% below the average March 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 14 MARTIN CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Most of the five 14 MARTIN CLOSE 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 |
---|---|---|---|
2022 25 MAR | £389,950 | £456,613 | 15% below HPI |
2011 1 JUN | £230,000 | £274,068 | 16% below HPI |
2004 30 SEP | £213,000 | £247,134 | 14% below HPI |
2002 11 JAN | £145,000 | £152,285 | 5% below HPI |
1999 8 OCT | £122,500 | £115,458 | 6% above HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 14 MARTIN CLOSE sales between October 1999 and March 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 June 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
14 MARTIN CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses in Rogiet, based on EPC data. The below chart shows the distribution of detached houses by size in Rogiet, and where 14 MARTIN CLOSE lies on this distribution: 43% of detached houses are smaller than 14 MARTIN CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Rogiet.
14 MARTIN CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 14 MARTIN 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 14 MARTIN 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.
14 MARTIN CLOSE is located in ROGIET, in the NP26 postcode district. The below map shows the position of No. 14 on MARTIN CLOSE.