2, MEWS COTTAGES, NEVILL STREET, ABERGAVENNY, NP7 5AA - £131,500

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 MEWS COTTAGES is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £233,219. It was last sold for £131,500 in June 2011, which was around 52% below the average June 2011 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 MEWS COTTAGES Sold Prices

Land registry data shows two sales for 2 MEWS COTTAGES 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 MEWS COTTAGES 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
2011 15 JUN	£131,500	£274,632	52% below HPI
1996 25 OCT	£51,000	£94,432	46% below HPI

2 MEWS COTTAGES 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 MEWS COTTAGES sales from October 1996 and June 2011 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 1996 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2011 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 2 MEWS COTTAGES be worth now?

2 MEWS COTTAGES might now be worth an estimated £233,219.

This is based on house price inflation of 77.4%, between June 2011 and December 2024, 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 77.4% inflationary increase is applied to the most recent sale price for 2 MEWS COTTAGES of £131,500 on 15th June 2011. For the value to have increased from £131,500 to £233,219 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 2 MEWS COTTAGES has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2011 sale price of £131,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MEWS COTTAGES has not materially changed since June 2011.

How Large is 2 MEWS COTTAGES?

2 MEWS COTTAGES is 65m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergavenny, and where 2 MEWS COTTAGES lies on this distribution: 3% of detached houses houses are smaller than 2 MEWS COTTAGES, and 97% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

2 MEWS COTTAGES: Plot and Title Map

2 MEWS COTTAGES sits on a plot of roughly 0.008 of an acre, or 34m². The below map shows the location of 2 MEWS COTTAGES, 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 MEWS COTTAGES). 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 MEWS COTTAGES?

2 MEWS COTTAGES is located on NEVILL STREET in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of 2 MEWS COTTAGES on NEVILL STREET.