2, ELMS ROAD, GOVILON, ABERGAVENNY, NP7 9PH - £395,000

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

2 ELMS ROAD is a small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £444,287. It was last sold for £395,000 in November 2021, which was around 10% below the average November 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

2 ELMS ROAD Sold Prices

Land registry data shows two sales for 2 ELMS ROAD 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 2 ELMS ROAD 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 4 NOV	£395,000	£437,416	10% below HPI
2017 20 OCT	£270,000	£350,021	23% below HPI

2 ELMS ROAD 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 2 ELMS ROAD sales from October 2017 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 October 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 ELMS ROAD be worth now?

2 ELMS ROAD might now be worth an estimated £444,287.

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 2 ELMS ROAD of £395,000 on 4th November 2021. For the value to have increased from £395,000 to £444,287 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ELMS ROAD has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELMS ROAD has not materially changed since November 2021.

How Large is 2 ELMS ROAD?

2 ELMS ROAD is 98m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses houses in Govilon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Govilon, and where 2 ELMS ROAD lies on this distribution: 26% of detached houses houses are smaller than 2 ELMS ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Govilon.

2 ELMS ROAD: Plot and Title Map

2 ELMS ROAD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 2 ELMS ROAD, 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 ELMS ROAD). 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 ELMS ROAD?

2 ELMS ROAD is located in GOVILON, in the NP7 postcode district. The below map shows the position of No. 2 on ELMS ROAD.