17, PROSPECT ROAD, OSBASTON, MONMOUTH, NP25 3SZ - £225,000

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

17 PROSPECT ROAD is a very small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £225,000 in July 2016, which was around 29% below the average July 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

17 PROSPECT ROAD Sold Prices

Land registry data shows two sales for 17 PROSPECT ROAD 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 17 PROSPECT ROAD 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
2016 1 JUL	£225,000	£314,940	29% below HPI
2002 28 MAR	£147,500	£155,077	5% below HPI

17 PROSPECT ROAD 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 17 PROSPECT ROAD sales from March 2002 and July 2016 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 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 17 PROSPECT ROAD?

17 PROSPECT ROAD is 74m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 17 PROSPECT ROAD lies on this distribution: 7% of detached houses are smaller than 17 PROSPECT ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

17 PROSPECT ROAD: Plot and Title Map

17 PROSPECT ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 17 PROSPECT ROAD, 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 17 PROSPECT ROAD). 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 17 PROSPECT ROAD?

17 PROSPECT ROAD is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 17 on PROSPECT ROAD.