15, MADDOX CLOSE, OSBASTON, MONMOUTH, NP25 3BG - £370,000

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 MADDOX CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £370,000 in February 2022, which was around 17% below the average February 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

15 MADDOX CLOSE Sold Prices

Land registry data shows four sales for 15 MADDOX CLOSE since 1^st 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 MADDOX 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 22 FEB	£370,000	£446,022	17% below HPI
2019 23 JUL	£282,500	£395,461	29% below HPI
2015 10 JUL	£255,000	£296,199	14% below HPI
2007 2 FEB	£228,000	£291,294	22% below HPI

15 MADDOX 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 four 15 MADDOX CLOSE sales between February 2007 and February 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 July 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 MADDOX CLOSE?

15 MADDOX CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 MADDOX CLOSE lies on this distribution: 14% of detached houses are smaller than 15 MADDOX CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

15 MADDOX CLOSE: Plot and Title Map

15 MADDOX CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 15 MADDOX 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 15 MADDOX 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 15 MADDOX CLOSE?

15 MADDOX CLOSE is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 15 on MADDOX CLOSE.