24, MADDOX CLOSE, OSBASTON, MONMOUTH, NP25 3BG - £400,000

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

24 MADDOX CLOSE is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £400,000 in January 2023, which was around 17% below the average January 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

24 MADDOX CLOSE Sold Prices

Land registry data shows three sales for 24 MADDOX CLOSE 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. Two of the three 24 MADDOX CLOSE sales were for below the average price, whilst one 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
2023 18 JAN	£400,000	£480,808	17% below HPI
2016 26 FEB	£245,000	£314,517	22% below HPI
2002 9 DEC	£195,000	£179,962	8% above HPI

24 MADDOX CLOSE 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 24 MADDOX CLOSE sales between December 2002 and January 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 February 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 24 MADDOX CLOSE?

24 MADDOX CLOSE is 85m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 24 MADDOX CLOSE lies on this distribution: 15% of detached houses are smaller than 24 MADDOX CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

24 MADDOX CLOSE: Plot and Title Map

24 MADDOX CLOSE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 24 MADDOX CLOSE, 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 24 MADDOX CLOSE). 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 24 MADDOX CLOSE?

24 MADDOX CLOSE is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 24 on MADDOX CLOSE.