3, NEW SCHOOL ROAD, GILWERN, ABERGAVENNY, NP7 0AX - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 NEW SCHOOL ROAD is a small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £510,855. It was last sold for £315,000 in November 2014, which was around 4% above the average November 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 NEW SCHOOL ROAD Sold Prices

Land registry data shows two sales for 3 NEW SCHOOL ROAD 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 NEW SCHOOL ROAD 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
2014 10 NOV	£315,000	£303,371	4% above HPI
2011 21 OCT	£240,000	£275,354	13% below HPI

3 NEW SCHOOL ROAD 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 NEW SCHOOL ROAD sales from October 2011 and November 2014 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 October 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 NEW SCHOOL ROAD be worth now?

3 NEW SCHOOL ROAD might now be worth an estimated £510,855.

This is based on house price inflation of 62.2%, between November 2014 and February 2025, 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 62.2% inflationary increase is applied to the most recent sale price for 3 NEW SCHOOL ROAD of £315,000 on 10th November 2014. For the value to have increased from £315,000 to £510,855 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 NEW SCHOOL ROAD has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW SCHOOL ROAD has not materially changed since November 2014.

How Large is 3 NEW SCHOOL ROAD?

3 NEW SCHOOL ROAD is 105m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 3 NEW SCHOOL ROAD lies on this distribution: 31% of detached houses houses are smaller than 3 NEW SCHOOL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

3 NEW SCHOOL ROAD: Plot and Title Map

3 NEW SCHOOL ROAD sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 3 NEW SCHOOL ROAD, 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 NEW SCHOOL ROAD). 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 NEW SCHOOL ROAD?

3 NEW SCHOOL ROAD is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 3 on NEW SCHOOL ROAD.