15, MARTIN CLOSE, ROGIET, CALDICOT, NP26 3UG - £325,000

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 MARTIN CLOSE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £325,000 in February 2021, which was around 22% below the average February 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

15 MARTIN CLOSE Sold Prices

Land registry data shows five sales for 15 MARTIN CLOSE since 1^st 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. All of the five 15 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
2021 25 FEB	£325,000	£418,138	22% below HPI
2014 28 NOV	£226,000	£302,748	25% below HPI
2004 5 MAR	£183,000	£222,005	18% below HPI
2001 23 FEB	£108,000	£135,385	20% below HPI
1999 22 OCT	£100,500	£115,458	13% below HPI

15 MARTIN 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 five 15 MARTIN CLOSE sales between October 1999 and February 2021 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 November 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 MARTIN CLOSE?

15 MARTIN CLOSE is 89m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Rogiet, based on EPC data. The below chart shows the distribution of detached houses by size in Rogiet, and where 15 MARTIN CLOSE lies on this distribution: 17% of detached houses are smaller than 15 MARTIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Rogiet.

15 MARTIN CLOSE: Plot and Title Map

15 MARTIN CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 15 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 15 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.

Where is 15 MARTIN CLOSE?

15 MARTIN CLOSE is located in ROGIET, in the NP26 postcode district. The below map shows the position of No. 15 on MARTIN CLOSE.