3, PLAS DERWEN CLOSE, ABERGAVENNY, NP7 9SQ - £246,000

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 PLAS DERWEN CLOSE is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £307,340. It was last sold for £246,000 in January 2019, which was around 37% below the average January 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3 PLAS DERWEN CLOSE Sold Prices

Land registry data shows two sales for 3 PLAS DERWEN CLOSE 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 PLAS DERWEN CLOSE sales were 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
2019 22 JAN	£246,000	£389,857	37% below HPI
1995 3 AUG	£77,000	£88,273	13% below HPI

3 PLAS DERWEN CLOSE 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 PLAS DERWEN CLOSE sales from August 1995 and January 2019 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 August 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 PLAS DERWEN CLOSE be worth now?

3 PLAS DERWEN CLOSE might now be worth an estimated £307,340.

This is based on house price inflation of 24.9%, between January 2019 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 24.9% inflationary increase is applied to the most recent sale price for 3 PLAS DERWEN CLOSE of £246,000 on 22nd January 2019. For the value to have increased from £246,000 to £307,340 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 3 PLAS DERWEN CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The January 2019 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PLAS DERWEN CLOSE has not materially changed since January 2019.

How Large is 3 PLAS DERWEN CLOSE?

3 PLAS DERWEN CLOSE is 84m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergavenny, and where 3 PLAS DERWEN CLOSE lies on this distribution: 13% of detached houses houses are smaller than 3 PLAS DERWEN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

3 PLAS DERWEN CLOSE: Plot and Title Map

3 PLAS DERWEN CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 PLAS DERWEN CLOSE, 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 PLAS DERWEN CLOSE). 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 PLAS DERWEN CLOSE?

3 PLAS DERWEN CLOSE is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 3 on PLAS DERWEN CLOSE.