2, GAVENNY WAY, ABERGAVENNY, NP7 5LX - £342,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GAVENNY WAY is a small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £342,500 in July 2023, which was around 27% below the average July 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

2 GAVENNY WAY Sold Prices

Land registry data shows three sales for 2 GAVENNY WAY 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 GAVENNY WAY 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
2023 7 JUL	£342,500	£471,453	27% below HPI
2000 4 AUG	£105,000	£128,956	19% below HPI
1997 4 JUL	£79,000	£99,134	20% below HPI

2 GAVENNY WAY 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 GAVENNY WAY sales between July 1997 and July 2023 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 August 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 GAVENNY WAY?

2 GAVENNY WAY is 91m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where 2 GAVENNY WAY lies on this distribution: 22% of detached houses are smaller than 2 GAVENNY WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

2 GAVENNY WAY: Plot and Title Map

2 GAVENNY WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 GAVENNY WAY, 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 GAVENNY WAY). 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 GAVENNY WAY?

2 GAVENNY WAY is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 2 on GAVENNY WAY.