173, ELAN WAY, CALDICOT, NP26 4QB - £359,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

173 ELAN WAY is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £359,950 in July 2022, which was around 23% below the average July 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

173 ELAN WAY Sold Prices

Land registry data shows two sales for 173 ELAN WAY 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 173 ELAN WAY 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
2022 1 JUL	£359,950	£466,242	23% below HPI
2018 19 DEC	£307,000	£380,767	19% below HPI

173 ELAN WAY 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 173 ELAN WAY sales from December 2018 and July 2022 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 December 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 173 ELAN WAY?

173 ELAN WAY is 95m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where 173 ELAN WAY lies on this distribution: 21% of detached houses are smaller than 173 ELAN WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

173 ELAN WAY: Plot and Title Map

173 ELAN WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 173 ELAN WAY, 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 173 ELAN WAY). 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 173 ELAN WAY?

173 ELAN WAY is located in CALDICOT, in the NP26 postcode district. The below map shows the position of No. 173 on ELAN WAY.