16, ELM DRIVE, MONMOUTH, NP25 5FF - £182,000

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

16 ELM DRIVE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £182,000 in March 2012, which was around 36% below the average March 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

16 ELM DRIVE Sold Prices

Land registry data shows two sales for 16 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 16 ELM 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
2012 30 MAR	£182,000	£282,872	36% below HPI
2006 5 JUN	£185,000	£280,198	34% below HPI

16 ELM 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 two 16 ELM DRIVE sales from June 2006 and March 2012 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 June 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 ELM DRIVE?

16 ELM DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 16 ELM DRIVE lies on this distribution: 28% of detached houses are smaller than 16 ELM DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

16 ELM DRIVE: Plot and Title Map

16 ELM DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 16 ELM 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 16 ELM 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 16 ELM DRIVE?

16 ELM DRIVE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 16 on ELM DRIVE.