16, GROSMONT CLOSE, MONMOUTH, NP25 5UF - £296,000

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 GROSMONT CLOSE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £296,000 in October 2023, which was around 40% below the average October 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

16 GROSMONT CLOSE Sold Prices

Land registry data shows three sales for 16 GROSMONT CLOSE since 1^st 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 16 GROSMONT CLOSE 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
2023 18 OCT	£296,000	£490,291	40% below HPI
2001 30 NOV	£69,950	£146,999	52% below HPI
2000 2 JUN	£33,000	£124,214	73% below HPI

16 GROSMONT CLOSE 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 three 16 GROSMONT CLOSE sales between June 2000 and October 2023 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 2001 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 GROSMONT CLOSE?

16 GROSMONT CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 GROSMONT CLOSE lies on this distribution: 25% of detached houses are smaller than 16 GROSMONT CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

16 GROSMONT CLOSE: Plot and Title Map

16 GROSMONT CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16 GROSMONT CLOSE, 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 GROSMONT CLOSE). 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 GROSMONT CLOSE?

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