18, WEDGEWOOD DRIVE, PORTSKEWETT, CALDICOT, NP26 5TL - £250,000

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 WEDGEWOOD DRIVE is a large extended detached house of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £438,010. It was last sold for £250,000 in May 2014, which was around 11% below the average May 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was C.

18 WEDGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 18 WEDGEWOOD DRIVE 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 18 WEDGEWOOD DRIVE 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
2014 9 MAY	£250,000	£280,813	11% below HPI
1996 12 DEC	£80,000	£92,842	14% below HPI
1995 25 JUL	£40,000	£88,310	55% below HPI

18 WEDGEWOOD DRIVE 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 18 WEDGEWOOD DRIVE sales between July 1995 and May 2014 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 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 18 WEDGEWOOD DRIVE be worth now?

18 WEDGEWOOD DRIVE might now be worth an estimated £438,010.

This is based on house price inflation of 75.2%, between May 2014 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 75.2% inflationary increase is applied to the most recent sale price for 18 WEDGEWOOD DRIVE of £250,000 on 9th May 2014. For the value to have increased from £250,000 to £438,010 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 18 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WEDGEWOOD DRIVE has not materially changed since May 2014.

How Large is 18 WEDGEWOOD DRIVE?

18 WEDGEWOOD DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 40% of detached houses houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portskewett, and where 18 WEDGEWOOD DRIVE lies on this distribution: 67% of detached houses houses are smaller than 18 WEDGEWOOD DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Portskewett.

18 WEDGEWOOD DRIVE: Plot and Title Map

18 WEDGEWOOD DRIVE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 18 WEDGEWOOD DRIVE, 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 WEDGEWOOD DRIVE). 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 WEDGEWOOD DRIVE?

18 WEDGEWOOD DRIVE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 18 on WEDGEWOOD DRIVE.