21, FAIRHOME, GILWERN, ABERGAVENNY, NP7 0BA - £285,000

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

21 FAIRHOME is a very large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £285,000 in July 2019, which was around 28% below the average July 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

21 FAIRHOME Sold Prices

Land registry data shows two sales for 21 FAIRHOME 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. Both of the two 21 FAIRHOME 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
2019 5 JUL	£285,000	£395,461	28% below HPI
2010 17 SEP	£212,000	£273,900	23% below HPI

21 FAIRHOME 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 21 FAIRHOME sales from September 2010 and July 2019 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 September 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 21 FAIRHOME?

21 FAIRHOME is 166m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 21 FAIRHOME lies on this distribution: 92% of detached houses are smaller than 21 FAIRHOME, and 8% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

21 FAIRHOME: Plot and Title Map

21 FAIRHOME sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 21 FAIRHOME, 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 21 FAIRHOME). 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 21 FAIRHOME?

21 FAIRHOME is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 21 on FAIRHOME.