15, WEDGEWOOD DRIVE, PORTSKEWETT, CALDICOT, NP26 5TL - £249,000

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 WEDGEWOOD DRIVE is a small detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £364,406. It was last sold for £249,000 in July 2017, which was around 26% below the average July 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

15 WEDGEWOOD DRIVE Sold Prices

Land registry data shows four sales for 15 WEDGEWOOD DRIVE 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 WEDGEWOOD DRIVE 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
2017 28 JUL	£249,000	£336,183	26% below HPI
2007 19 OCT	£236,000	£302,342	22% below HPI
2002 26 APR	£130,000	£158,193	18% below HPI
2001 31 JUL	£97,500	£143,319	32% below HPI

15 WEDGEWOOD DRIVE 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 WEDGEWOOD DRIVE sales between July 2001 and July 2017 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 October 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 WEDGEWOOD DRIVE be worth now?

15 WEDGEWOOD DRIVE might now be worth an estimated £364,406.

This is based on house price inflation of 46.3%, between July 2017 and February 2025, for 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 46.3% inflationary increase is applied to the most recent sale price for 15 WEDGEWOOD DRIVE of £249,000 on 28th July 2017. For the value to have increased from £249,000 to £364,406 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 15 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2017 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WEDGEWOOD DRIVE has not materially changed since July 2017.

How Large is 15 WEDGEWOOD DRIVE?

15 WEDGEWOOD DRIVE is 115m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of detached houses houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portskewett, and where 15 WEDGEWOOD DRIVE lies on this distribution: 39% of detached houses houses are smaller than 15 WEDGEWOOD DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Portskewett.

15 WEDGEWOOD DRIVE: Plot and Title Map

15 WEDGEWOOD DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 WEDGEWOOD DRIVE, 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 WEDGEWOOD DRIVE). 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 WEDGEWOOD DRIVE?

15 WEDGEWOOD DRIVE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 15 on WEDGEWOOD DRIVE.