3, CAE MELIN, LITTLE MILL, PONTYPOOL, NP4 0HX - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 CAE MELIN is a midsized detached house of 141m², built sometime between 1996 and 2002. It was last sold for £400,000 in February 2024, which was around 16% below the average February 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 CAE MELIN Sold Prices

Land registry data shows three sales for 3 CAE MELIN 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 3 CAE MELIN 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
2024 15 FEB	£400,000	£474,441	16% below HPI
2004 16 DEC	£230,000	£252,807	9% below HPI
1999 13 SEP	£129,950	£114,888	13% above HPI

3 CAE MELIN 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 3 CAE MELIN sales between September 1999 and February 2024 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 December 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CAE MELIN?

3 CAE MELIN is 141m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Little Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Little Mill, and where 3 CAE MELIN lies on this distribution: 41% of detached houses are smaller than 3 CAE MELIN, and 59% of houses are larger. Note that EPC data is not available for all properties in Little Mill.

3 CAE MELIN: Plot and Title Map

3 CAE MELIN sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 3 CAE MELIN, 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 3 CAE MELIN). 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 3 CAE MELIN?

3 CAE MELIN is located in LITTLE MILL, in the NP4 postcode district. The below map shows the position of No. 3 on CAE MELIN.