2, HILL FARM CLOSE, MONMOUTH, NP25 3TN - £560,000

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.

2 HILL FARM CLOSE is a very large extended detached house of 291m², built sometime between 2003 and 2006, which could now be worth an estimated £668,739. It was last sold for £560,000 in March 2021, which was around 36% above the average March 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

2 HILL FARM CLOSE Sold Prices

Land registry data shows three sales for 2 HILL FARM 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 HILL FARM 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
2021 15 MAR	£560,000	£411,996	36% above HPI
2007 18 SEP	£575,000	£306,084	88% above HPI
2006 27 JAN	£450,000	£265,204	70% above HPI

2 HILL FARM 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 HILL FARM CLOSE sales between January 2006 and March 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 September 2007 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the March 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 HILL FARM CLOSE be worth now?

2 HILL FARM CLOSE might now be worth an estimated £668,739.

This is based on house price inflation of 19.4%, between March 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 19.4% inflationary increase is applied to the most recent sale price for 2 HILL FARM CLOSE of £560,000 on 15th March 2021. For the value to have increased from £560,000 to £668,739 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 HILL FARM CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2021 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HILL FARM CLOSE has not materially changed since March 2021.

How Large is 2 HILL FARM CLOSE?

2 HILL FARM CLOSE is 291m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 HILL FARM CLOSE lies on this distribution: 98% of detached houses houses are smaller than 2 HILL FARM CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

2 HILL FARM CLOSE: Plot and Title Map

2 HILL FARM CLOSE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 2 HILL FARM 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 HILL FARM 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 HILL FARM CLOSE?

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