2, MID SUMMER WAY, MONMOUTH, NP25 5UT - £378,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MID SUMMER WAY is a midsized detached house of 129m². It was last sold for £378,000 in August 2024, which was around 25% below the average August 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

2 MID SUMMER WAY Sold Prices

Land registry data shows three sales for 2 MID SUMMER 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 MID SUMMER 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
2024 30 AUG	£378,000	£504,001	25% below HPI
2021 8 OCT	£350,000	£439,012	20% below HPI
2019 4 MAR	£342,000	£384,376	11% below HPI

2 MID SUMMER 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 MID SUMMER WAY sales between March 2019 and August 2024 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 2021 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 MID SUMMER WAY?

2 MID SUMMER WAY is 129m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 2 MID SUMMER WAY lies on this distribution: 56% of detached houses are smaller than 2 MID SUMMER WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

2 MID SUMMER WAY: Plot and Title Map

2 MID SUMMER WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 MID SUMMER 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 MID SUMMER 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 MID SUMMER WAY?

2 MID SUMMER WAY is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 2 on MID SUMMER WAY.