18, MALFORD GROVE, GILWERN, ABERGAVENNY, NP7 0RN - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 MALFORD GROVE is a large extended detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £427,416. It was last sold for £380,000 in November 2021, which was around 13% below the average November 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

18 MALFORD GROVE Sold Prices

Land registry data shows two sales for 18 MALFORD GROVE 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 18 MALFORD GROVE 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
2021 30 NOV	£380,000	£437,416	13% below HPI
2013 12 JUL	£229,950	£274,796	16% below HPI

18 MALFORD GROVE 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 18 MALFORD GROVE sales from July 2013 and November 2021 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 July 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 MALFORD GROVE be worth now?

18 MALFORD GROVE might now be worth an estimated £427,416.

This is based on house price inflation of 12.5%, between November 2021 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 12.5% inflationary increase is applied to the most recent sale price for 18 MALFORD GROVE of £380,000 on 30th November 2021. For the value to have increased from £380,000 to £427,416 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 MALFORD GROVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MALFORD GROVE has not materially changed since November 2021.

How Large is 18 MALFORD GROVE?

18 MALFORD GROVE is 132m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 18 MALFORD GROVE lies on this distribution: 67% of detached houses houses are smaller than 18 MALFORD GROVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

18 MALFORD GROVE: Plot and Title Map

18 MALFORD GROVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 18 MALFORD GROVE, 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 18 MALFORD GROVE). 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 18 MALFORD GROVE?

18 MALFORD GROVE is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 18 on MALFORD GROVE.