3, LILAC DRIVE, MONMOUTH, NP25 5DY - £329,950

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

3 LILAC DRIVE is a very large detached house of 158m², built sometime between 2003 and 2006. It was last sold for £329,950 in March 2012, which was around 17% above the average March 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

3 LILAC DRIVE Sold Prices

Land registry data shows two sales for 3 LILAC DRIVE 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 3 LILAC DRIVE sales was for above the average price, whilst the other was 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
2012 30 MAR	£329,950	£282,872	17% above HPI
2004 15 DEC	£249,995	£252,807	1% below HPI

3 LILAC DRIVE 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 3 LILAC DRIVE sales from December 2004 and March 2012 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2012 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 LILAC DRIVE?

3 LILAC DRIVE is 158m² according to the EPC inspection conducted in October 2011. This puts it in the largest 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 3 LILAC DRIVE lies on this distribution: 80% of detached houses are smaller than 3 LILAC DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

3 LILAC DRIVE: Plot and Title Map

3 LILAC DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 LILAC DRIVE, 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 LILAC DRIVE). 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 LILAC DRIVE?

3 LILAC DRIVE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 3 on LILAC DRIVE.