3, OAKLANDS DRIVE, MONMOUTH, NP25 5DT - £530,000

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 OAKLANDS DRIVE is a very large extended detached house of 163m², built sometime between 2003 and 2006, which could now be worth an estimated £551,958. It was last sold for £530,000 in July 2023, which was around 12% above the average July 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

3 OAKLANDS DRIVE Sold Prices

Land registry data shows two sales for 3 OAKLANDS 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. Both of the two 3 OAKLANDS DRIVE sales were 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
2023 28 JUL	£530,000	£472,423	12% above HPI
2003 24 JUL	£249,995	£194,782	28% above HPI

3 OAKLANDS 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 OAKLANDS DRIVE sales from July 2003 and July 2023 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 July 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 OAKLANDS DRIVE be worth now?

3 OAKLANDS DRIVE might now be worth an estimated £551,958.

This is based on house price inflation of 4.1%, between July 2023 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 4.1% inflationary increase is applied to the most recent sale price for 3 OAKLANDS DRIVE of £530,000 on 28th July 2023. For the value to have increased from £530,000 to £551,958 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 3 OAKLANDS DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKLANDS DRIVE has not materially changed since July 2023.

How Large is 3 OAKLANDS DRIVE?

3 OAKLANDS DRIVE is 163m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monmouth, and where 3 OAKLANDS DRIVE lies on this distribution: 82% of detached houses houses are smaller than 3 OAKLANDS DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

3 OAKLANDS DRIVE: Plot and Title Map

3 OAKLANDS DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 OAKLANDS 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 OAKLANDS 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 OAKLANDS DRIVE?

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