18, 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

18 TOWER VIEW is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £439,488. It was last sold for £240,000 in September 2009, which was around 11% below the average September 2009 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

18 TOWER VIEW Sold Prices

Land registry data shows two sales for 18 TOWER VIEW 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 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
2009 11 SEP	£240,000	£268,674	11% below HPI
2000 2 JUN	£122,000	£124,470	2% below HPI

18 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 two 18 TOWER VIEW sales from June 2000 and September 2009 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 June 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2009 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 18 TOWER VIEW be worth now?

18 TOWER VIEW might now be worth an estimated £439,488.

This is based on house price inflation of 83.1%, between September 2009 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 83.1% inflationary increase is applied to the most recent sale price for 18 TOWER VIEW of £240,000 on 11th September 2009. For the value to have increased from £240,000 to £439,488 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 TOWER VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2009 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 18 TOWER VIEW has not materially changed since September 2009.

How Large is 18 TOWER VIEW?

18 TOWER VIEW is 74m² according to the EPC inspection conducted in October 2008. 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 18 TOWER VIEW lies on this distribution: 8% of detached houses houses are smaller than 18 TOWER VIEW, and 92% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

18 TOWER VIEW: Plot and Title Map

18 TOWER VIEW sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 18 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 18 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 18 TOWER VIEW?

18 TOWER VIEW is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 18 on TOWER VIEW.