29, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LF - £430,000

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

29 MILLFIELD PARK is a small extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £430,000 in October 2022, which was around 11% below the average October 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

29 MILLFIELD PARK Sold Prices

Land registry data shows three sales for 29 MILLFIELD PARK 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 29 MILLFIELD PARK 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
2022 14 OCT	£430,000	£481,807	11% below HPI
2017 29 SEP	£310,000	£344,902	10% below HPI
2010 16 AUG	£240,000	£272,722	12% below HPI

29 MILLFIELD PARK 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 29 MILLFIELD PARK sales between August 2010 and October 2022 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 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 29 MILLFIELD PARK?

29 MILLFIELD PARK is 108m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 29 MILLFIELD PARK lies on this distribution: 29% of detached houses are smaller than 29 MILLFIELD PARK, and 69% of houses are larger. Note that EPC data is not available for all properties in Magor.

29 MILLFIELD PARK: Plot and Title Map

29 MILLFIELD PARK sits on a plot of roughly 0.430 of an acre, or 1,738m². The below map shows the location of 29 MILLFIELD PARK, 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 29 MILLFIELD PARK). 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 29 MILLFIELD PARK?

29 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 29 on MILLFIELD PARK.