23, THE SHIRES, GILWERN, ABERGAVENNY, NP7 0EX - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 THE SHIRES is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £456,017. It was last sold for £370,000 in November 2019, which was around 6% below the average November 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

23 THE SHIRES Sold Prices

Land registry data shows two sales for 23 THE SHIRES 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 23 THE SHIRES sales was for below the average price, whilst the other was for 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
2019 1 NOV	£370,000	£395,194	6% below HPI
1997 3 JAN	£140,000	£92,923	51% above HPI

23 THE SHIRES 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 23 THE SHIRES sales from January 1997 and November 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 January 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 THE SHIRES be worth now?

23 THE SHIRES might now be worth an estimated £456,017.

This is based on house price inflation of 23.2%, between November 2019 and December 2024, for 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 23.2% inflationary increase is applied to the most recent sale price for 23 THE SHIRES of £370,000 on 1st November 2019. For the value to have increased from £370,000 to £456,017 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 23 THE SHIRES has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE SHIRES has not materially changed since November 2019.

How Large is 23 THE SHIRES?

23 THE SHIRES is 127m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 23 THE SHIRES lies on this distribution: 63% of detached houses houses are smaller than 23 THE SHIRES, and 37% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

23 THE SHIRES: Plot and Title Map

23 THE SHIRES sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 23 THE SHIRES, 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 23 THE SHIRES). 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 23 THE SHIRES?

23 THE SHIRES is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 23 on THE SHIRES.