2, THE NEWLANDS, MARDY, ABERGAVENNY, NP7 6HJ - £145,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE NEWLANDS is a very small semi-detached house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £238,117. It was last sold for £145,950 in December 2014, which was around 20% below the average December 2014 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE NEWLANDS Sold Prices

Land registry data shows three sales for 2 THE NEWLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 2 THE NEWLANDS 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
2014 19 DEC	£145,950	£181,533	20% below HPI
2002 30 APR	£77,000	£87,434	12% below HPI
1999 25 JUN	£58,000	£60,937	5% below HPI

2 THE NEWLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 2 THE NEWLANDS sales between June 1999 and December 2014 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 THE NEWLANDS be worth now?

2 THE NEWLANDS might now be worth an estimated £238,117.

This is based on house price inflation of 63.1%, between December 2014 and February 2025, for semi-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 63.1% inflationary increase is applied to the most recent sale price for 2 THE NEWLANDS of £145,950 on 19th December 2014. For the value to have increased from £145,950 to £238,117 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 THE NEWLANDS has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The December 2014 sale price of £145,950 represented a fair market value for the property.
• The size, condition, and specification of 2 THE NEWLANDS has not materially changed since December 2014.

How Large is 2 THE NEWLANDS?

2 THE NEWLANDS is 46m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of semi-detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Abergavenny, and where 2 THE NEWLANDS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 THE NEWLANDS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

2 THE NEWLANDS: Plot and Title Map

2 THE NEWLANDS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 THE NEWLANDS, 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 THE NEWLANDS). 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 THE NEWLANDS?

2 THE NEWLANDS is located in MARDY, in the NP7 postcode district. The below map shows the position of No. 2 on THE NEWLANDS.