2, CASTLE LEA, CALDICOT, NP26 4HR - £249,950

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

2 CASTLE LEA is a large extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £249,950 in September 2006, which was around 11% below the average September 2006 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was B, and the potential energy rating was B.

2 CASTLE LEA Sold Prices

Land registry data shows three sales for 2 CASTLE LEA 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 2 CASTLE LEA 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
2006 15 SEP	£249,950	£282,214	11% below HPI
2005 27 MAY	£190,000	£261,319	27% below HPI
2004 1 DEC	£190,000	£252,807	25% below HPI

2 CASTLE LEA 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 2 CASTLE LEA sales between December 2004 and September 2006 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 May 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2006 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 CASTLE LEA?

2 CASTLE LEA is 140m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 20% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where 2 CASTLE LEA lies on this distribution: 80% of detached houses are smaller than 2 CASTLE LEA, and 20% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

2 CASTLE LEA: Plot and Title Map

2 CASTLE LEA sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2 CASTLE LEA, 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 2 CASTLE LEA). 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 2 CASTLE LEA?

2 CASTLE LEA is located in CALDICOT, in the NP26 postcode district. The below map shows the position of No. 2 on CASTLE LEA.