15, ELSTOB WAY, MONMOUTH, NP25 5ET - £280,000

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

15 ELSTOB WAY is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £280,000 in August 2024, which was around 44% below the average August 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

15 ELSTOB WAY Sold Prices

Land registry data shows three sales for 15 ELSTOB WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 15 ELSTOB WAY 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
2024 2 AUG	£280,000	£504,001	44% below HPI
2003 15 DEC	£148,000	£211,048	30% below HPI
2001 23 NOV	£98,500	£146,999	33% below HPI

15 ELSTOB WAY 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 three 15 ELSTOB WAY sales between November 2001 and August 2024 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 December 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 15 ELSTOB WAY?

15 ELSTOB WAY is 98m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 15 ELSTOB WAY lies on this distribution: 25% of detached houses are smaller than 15 ELSTOB WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

15 ELSTOB WAY: Plot and Title Map

15 ELSTOB WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 15 ELSTOB WAY, 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 ELSTOB WAY). 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 15 ELSTOB WAY?

15 ELSTOB WAY is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 15 on ELSTOB WAY.