16, LAUREL DRIVE, PENPERLLENI, PONTYPOOL, NP4 0BQ - £215,000

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 LAUREL DRIVE is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £215,000 in May 2024, which was around 56% below the average May 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

16 LAUREL DRIVE Sold Prices

Land registry data shows three sales for 16 LAUREL DRIVE 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 LAUREL 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
2024 3 MAY	£215,000	£491,870	56% below HPI
2002 29 NOV	£77,950	£185,073	58% below HPI
1997 14 MAR	£51,500	£93,687	45% below HPI

16 LAUREL 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 three 16 LAUREL DRIVE sales between March 1997 and May 2024 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 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2024 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 16 LAUREL DRIVE?

16 LAUREL DRIVE is 53m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Penperlleni, based on EPC data. The below chart shows the distribution of detached houses by size in Penperlleni, and where 16 LAUREL DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 16 LAUREL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Penperlleni.

16 LAUREL DRIVE: Plot and Title Map

16 LAUREL DRIVE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 16 LAUREL 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 LAUREL 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 LAUREL DRIVE?

16 LAUREL DRIVE is located in PENPERLLENI, in the NP4 postcode district. The below map shows the position of No. 16 on LAUREL DRIVE.