15, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LF - £195,000

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 MILLFIELD PARK is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £195,000 in February 2006, which was around 26% below the average February 2006 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

15 MILLFIELD PARK Sold Prices

Land registry data shows four sales for 15 MILLFIELD PARK 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 MILLFIELD PARK 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
2006 17 FEB	£195,000	£263,363	26% below HPI
2002 16 AUG	£136,000	£171,345	21% below HPI
2001 17 AUG	£80,000	£143,529	44% below HPI
1999 29 JAN	£78,500	£110,877	29% below HPI

15 MILLFIELD PARK 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 MILLFIELD PARK sales between January 1999 and February 2006 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 August 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 MILLFIELD PARK?

15 MILLFIELD PARK is 118m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 15 MILLFIELD PARK lies on this distribution: 46% of detached houses are smaller than 15 MILLFIELD PARK, and 53% of houses are larger. Note that EPC data is not available for all properties in Magor.

15 MILLFIELD PARK: Plot and Title Map

15 MILLFIELD PARK sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 15 MILLFIELD PARK, 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 MILLFIELD PARK). 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 MILLFIELD PARK?

15 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 15 on MILLFIELD PARK.