2, PICKERING CLOSE, GILWERN, ABERGAVENNY, NP7 0ED - £320,000

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 PICKERING CLOSE is a midsized detached house of 120m². It was last sold for £320,000 in December 2021, which was around 27% below the average December 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

2 PICKERING CLOSE Sold Prices

Land registry data shows two sales for 2 PICKERING CLOSE 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. One of the two 2 PICKERING CLOSE sales was for below the average price, whilst the other was 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
2021 17 DEC	£320,000	£437,455	27% below HPI
2015 30 APR	£295,000	£293,688	Close to HPI

2 PICKERING 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 two 2 PICKERING CLOSE sales from April 2015 and December 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 April 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 PICKERING CLOSE?

2 PICKERING CLOSE is 120m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 2 PICKERING CLOSE lies on this distribution: 48% of detached houses are smaller than 2 PICKERING CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

2 PICKERING CLOSE: Plot and Title Map

2 PICKERING CLOSE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 2 PICKERING 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 PICKERING 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 PICKERING CLOSE?

2 PICKERING CLOSE is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 2 on PICKERING CLOSE.