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 NEW MARKET STREET is a large extended detached house of 173m², built sometime between 1900 and 1929. It was last sold for £620,000 in September 2021, which was around 44% above the average September 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 15 NEW MARKET STREET since 1st 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 NEW MARKET 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 |
---|---|---|---|
2021 22 SEP | £620,000 | £431,459 | 44% above HPI |
1997 28 NOV | £170,000 | £101,589 | 67% above HPI |
1996 18 OCT | £125,000 | £94,238 | 33% above HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 15 NEW MARKET STREET sales between October 1996 and September 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 1997 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the September 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.
15 NEW MARKET STREET is 173m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Usk, based on EPC data. The below chart shows the distribution of detached houses by size in Usk, and where 15 NEW MARKET STREET lies on this distribution: 73% of detached houses are smaller than 15 NEW MARKET STREET, and 26% of houses are larger. Note that EPC data is not available for all properties in Usk.
15 NEW MARKET STREET sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 15 NEW MARKET 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 NEW MARKET 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.
15 NEW MARKET STREET is located in USK, in the NP15 postcode district. The below map shows the position of No. 15 on NEW MARKET STREET.