2, NEW SCHOOL ROAD, GILWERN, ABERGAVENNY, NP7 0AX - £395,000

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 NEW SCHOOL ROAD is a small detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £395,879. It was last sold for £395,000 in September 2024, which was around 20% below the average September 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 NEW SCHOOL ROAD Sold Prices

Land registry data shows three sales for 2 NEW SCHOOL ROAD 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. The three 2 NEW SCHOOL ROAD sales were a mix of below the average price, and roughly equal to 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 2 SEP	£395,000	£490,904	20% below HPI
2018 1 MAR	£295,000	£362,348	19% below HPI
2005 18 JUL	£268,000	£266,804	Close to HPI

2 NEW SCHOOL ROAD 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 NEW SCHOOL ROAD sales between July 2005 and September 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 March 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 NEW SCHOOL ROAD be worth now?

2 NEW SCHOOL ROAD might now be worth an estimated £395,879.

This is based on house price inflation of 0.2%, between September 2024 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 0.2% inflationary increase is applied to the most recent sale price for 2 NEW SCHOOL ROAD of £395,000 on 2nd September 2024. For the value to have increased from £395,000 to £395,879 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 2 NEW SCHOOL ROAD has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW SCHOOL ROAD has not materially changed since September 2024.

How Large is 2 NEW SCHOOL ROAD?

2 NEW SCHOOL ROAD is 108m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 2 NEW SCHOOL ROAD lies on this distribution: 33% of detached houses houses are smaller than 2 NEW SCHOOL ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

2 NEW SCHOOL ROAD: Plot and Title Map

2 NEW SCHOOL ROAD sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 2 NEW SCHOOL ROAD, 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 NEW SCHOOL ROAD). 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 NEW SCHOOL ROAD?

2 NEW SCHOOL ROAD is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 2 on NEW SCHOOL ROAD.