Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 BAY TREE LANE is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £235,000 in May 2017, which was around 29% below the average May 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 15 BAY TREE LANE since 1st 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 15 BAY TREE LANE 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 |
---|---|---|---|
2017 2 MAY | £235,000 | £329,933 | 29% below HPI |
2007 11 MAY | £250,000 | £271,444 | 8% below HPI |
2002 8 NOV | £157,000 | £185,073 | 15% below HPI |
2001 29 JUN | £139,950 | £145,829 | 4% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 15 BAY TREE LANE sales between June 2001 and May 2017 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 May 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
15 BAY TREE LANE is 128m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where 15 BAY TREE LANE lies on this distribution: 62% of detached houses are smaller than 15 BAY TREE LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.
15 BAY TREE LANE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 15 BAY TREE LANE, 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 15 BAY TREE LANE). 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.
15 BAY TREE LANE is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 15 on BAY TREE LANE.