3, NETHERWENT VIEW, MAGOR, CALDICOT, NP26 3LG - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 NETHERWENT VIEW is a very large extended detached house of 216m², built sometime between 1967 and 1975, which could now be worth an estimated £449,811. It was last sold for £290,000 in January 2016, which was around 8% below the average January 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 NETHERWENT VIEW Sold Prices

Land registry data shows two sales for 3 NETHERWENT VIEW 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 NETHERWENT VIEW sales was for below the average price, whilst the other 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
2016 18 JAN	£290,000	£314,020	8% below HPI
1997 8 SEP	£109,000	£102,021	7% above HPI

3 NETHERWENT VIEW 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 NETHERWENT VIEW sales from September 1997 and January 2016 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 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 NETHERWENT VIEW be worth now?

3 NETHERWENT VIEW might now be worth an estimated £449,811.

This is based on house price inflation of 55.1%, between January 2016 and December 2024, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.1% inflationary increase is applied to the most recent sale price for 3 NETHERWENT VIEW of £290,000 on 18th January 2016. For the value to have increased from £290,000 to £449,811 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 3 NETHERWENT VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The January 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NETHERWENT VIEW has not materially changed since January 2016.

How Large is 3 NETHERWENT VIEW?

3 NETHERWENT VIEW is 216m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 3 NETHERWENT VIEW lies on this distribution: 97% of detached houses houses are smaller than 3 NETHERWENT VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Magor.

3 NETHERWENT VIEW: Plot and Title Map

3 NETHERWENT VIEW sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 3 NETHERWENT VIEW, 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 NETHERWENT VIEW). 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 NETHERWENT VIEW?

3 NETHERWENT VIEW is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 3 on NETHERWENT VIEW.