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

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 TOWER VIEW is a very small detached house of 64m², built sometime between 1967 and 1975. 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	£406,931	41% below HPI
2003 14 MAR	£152,000	£194,897	22% below HPI
1995 7 FEB	£66,000	£90,744	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.

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 in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 16 TOWER VIEW lies on this distribution: 2% of detached 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.