2, TOWER VIEW, MONMOUTH, NP25 5FD - £2,373

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 TOWER VIEW is a midsized extended property of 120m², built sometime between 1967 and 1975. It was last sold for £2,373 in February 2023, which was around 100% below the average February 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 TOWER VIEW Sold Prices

Land registry data shows three sales for 2 TOWER VIEW 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 TOWER VIEW 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
2023 28 FEB	£2,373	£481,935	100% below HPI
2009 13 NOV	£270,000	£272,344	1% below HPI
2002 17 APR	£127,000	£157,868	20% below HPI

2 TOWER VIEW 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 TOWER VIEW sales between April 2002 and February 2023 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 November 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2023 sale, where it falls to 100% below the HPI. The line then continues to track at 100% below the HPI.

How Large is 2 TOWER VIEW?

2 TOWER VIEW is 120m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 TOWER VIEW lies on this distribution: 48% of detached houses are smaller than 2 TOWER VIEW, and 52% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

2 TOWER VIEW: Plot and Title Map

2 TOWER VIEW sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 2 TOWER VIEW, 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 TOWER VIEW). 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 TOWER VIEW?

2 TOWER VIEW is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 2 on TOWER VIEW.