15, MILL STREET, USK, NP15 1AN - £297,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 MILL STREET is a very small extended semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £370,865. It was last sold for £297,500 in April 2020, which was around 25% above the average April 2020 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

15 MILL STREET Sold Prices

Land registry data shows five sales for 15 MILL STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 15 MILL STREET sales were for above 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
2020 17 APR	£297,500	£237,581	25% above HPI
2015 3 JUL	£227,000	£176,861	28% above HPI
2013 16 AUG	£198,000	£163,340	21% above HPI
2004 17 MAY	£200,000	£135,336	48% above HPI
2000 12 OCT	£95,050	£71,382	33% above HPI

15 MILL STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 15 MILL STREET sales between October 2000 and April 2020 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 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 MILL STREET be worth now?

15 MILL STREET might now be worth an estimated £370,865.

This is based on house price inflation of 24.7%, between April 2020 and February 2025, for semi-detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 15 MILL STREET of £297,500 on 17th April 2020. For the value to have increased from £297,500 to £370,865 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 15 MILL STREET has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The April 2020 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 15 MILL STREET has not materially changed since April 2020.

How Large is 15 MILL STREET?

15 MILL STREET is 85m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Usk, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Usk, and where 15 MILL STREET lies on this distribution: 7% of semi-detached houses houses are smaller than 15 MILL STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Usk.

15 MILL STREET: Plot and Title Map

15 MILL STREET sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 15 MILL STREET, 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 MILL STREET). 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 MILL STREET?

15 MILL STREET is located in USK, in the NP15 postcode district. The below map shows the position of No. 15 on MILL STREET.