2, PLAS DERWEN WAY, ABERGAVENNY, NP7 9SJ - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PLAS DERWEN WAY is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £170,000 in September 2012, which was around 37% below the average September 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 PLAS DERWEN WAY Sold Prices

Land registry data shows three sales for 2 PLAS DERWEN 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. The three 2 PLAS DERWEN WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2012 26 SEP	£170,000	£269,740	37% below HPI
2008 11 APR	£285,000	£273,302	4% above HPI
2007 5 JUN	£279,000	£277,619	Close to HPI

2 PLAS DERWEN 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 PLAS DERWEN WAY sales between June 2007 and September 2012 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 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 PLAS DERWEN WAY?

2 PLAS DERWEN WAY is 74m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where 2 PLAS DERWEN WAY lies on this distribution: 7% of detached houses are smaller than 2 PLAS DERWEN WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

2 PLAS DERWEN WAY: Plot and Title Map

2 PLAS DERWEN WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 2 PLAS DERWEN 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 PLAS DERWEN 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 PLAS DERWEN WAY?

2 PLAS DERWEN WAY is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 2 on PLAS DERWEN WAY.