2, HIGHFIELD CLOSE, MONMOUTH, NP25 3HP - £368,500

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.

2 HIGHFIELD CLOSE is a large extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £569,723. It was last sold for £368,500 in September 2016, which was around 16% above the average September 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

2 HIGHFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 HIGHFIELD CLOSE 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 HIGHFIELD CLOSE sales were for above 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
2016 9 SEP	£368,500	£318,226	16% above HPI
2011 26 AUG	£350,000	£278,329	26% above HPI
2002 9 SEP	£212,500	£180,012	18% above HPI

2 HIGHFIELD CLOSE 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 HIGHFIELD CLOSE sales between September 2002 and September 2016 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 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 HIGHFIELD CLOSE be worth now?

2 HIGHFIELD CLOSE might now be worth an estimated £569,723.

This is based on house price inflation of 54.6%, between September 2016 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 54.6% inflationary increase is applied to the most recent sale price for 2 HIGHFIELD CLOSE of £368,500 on 9th September 2016. For the value to have increased from £368,500 to £569,723 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 HIGHFIELD CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2016 sale price of £368,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGHFIELD CLOSE has not materially changed since September 2016.

How Large is 2 HIGHFIELD CLOSE?

2 HIGHFIELD CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% 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 2 HIGHFIELD CLOSE lies on this distribution: 64% of detached houses houses are smaller than 2 HIGHFIELD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

2 HIGHFIELD CLOSE: Plot and Title Map

2 HIGHFIELD CLOSE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 2 HIGHFIELD CLOSE, 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 HIGHFIELD CLOSE). 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 HIGHFIELD CLOSE?

2 HIGHFIELD CLOSE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 2 on HIGHFIELD CLOSE.