28, THE SMITHY, DEVAUDEN, CHEPSTOW, NP16 6QA - £250,000

28 THE SMITHY is a small detached house of 131m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2003, which was around 20% above the average October 2003 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was D.

28 THE SMITHY Sold Prices

Land registry data shows three sales for 28 THE SMITHY 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 28 THE SMITHY sales were 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
2003 31 OCT	£250,000	£208,661	20% above HPI
1999 25 JUN	£132,650	£108,578	22% above HPI
1995 21 JUL	£115,000	£88,129	30% above HPI

28 THE SMITHY 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 28 THE SMITHY sales between July 1995 and October 2003 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 June 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2003 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 28 THE SMITHY?

28 THE SMITHY is 131m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Devauden, based on EPC data. The below chart shows the distribution of detached houses by size in Devauden, and where 28 THE SMITHY lies on this distribution: 33% of detached houses are smaller than 28 THE SMITHY, and 60% of houses are larger. Note that EPC data is not available for all properties in Devauden.

28 THE SMITHY: Plot and Title Map

28 THE SMITHY sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 28 THE SMITHY, 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 28 THE SMITHY). 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 28 THE SMITHY?

28 THE SMITHY is located in DEVAUDEN, in the NP16 postcode district. The below map shows the position of No. 28 on THE SMITHY.