16, TOWER VIEW, MONMOUTH, NP25 5FD - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 TOWER VIEW is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £289,574. It was last sold for £240,000 in November 2020, which was around 41% below the average November 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

16 TOWER VIEW Sold Prices

Land registry data shows three sales for 16 TOWER VIEW 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 TOWER VIEW 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
2020 11 NOV	£240,000	£407,768	41% below HPI
2003 14 MAR	£152,000	£195,298	22% below HPI
1995 7 FEB	£66,000	£90,931	27% below HPI

16 TOWER VIEW 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 TOWER VIEW sales between February 1995 and November 2020 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 March 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 TOWER VIEW be worth now?

16 TOWER VIEW might now be worth an estimated £289,574.

This is based on house price inflation of 20.7%, between November 2020 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 20.7% inflationary increase is applied to the most recent sale price for 16 TOWER VIEW of £240,000 on 11th November 2020. For the value to have increased from £240,000 to £289,574 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 TOWER VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TOWER VIEW has not materially changed since November 2020.

How Large is 16 TOWER VIEW?

16 TOWER VIEW is 64m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monmouth, and where 16 TOWER VIEW lies on this distribution: 2% of detached houses houses are smaller than 16 TOWER VIEW, and 98% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

16 TOWER VIEW: Plot and Title Map

16 TOWER VIEW sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 16 TOWER VIEW, 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 TOWER VIEW). 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 TOWER VIEW?

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