3, TOLLSTONE WAY, GROSMONT, ABERGAVENNY, NP7 8ER - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 TOLLSTONE WAY is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £305,000 in October 2021, which was around 31% below the average October 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 TOLLSTONE WAY Sold Prices

Land registry data shows three sales for 3 TOLLSTONE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 3 TOLLSTONE WAY 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
2021 27 OCT	£305,000	£439,012	31% below HPI
2014 30 JUL	£222,500	£285,295	22% below HPI
2009 1 OCT	£190,000	£268,671	29% below HPI

3 TOLLSTONE WAY 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 three 3 TOLLSTONE WAY sales between October 2009 and October 2021 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 TOLLSTONE WAY?

3 TOLLSTONE WAY is 81m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Grosmont, based on EPC data. The below chart shows the distribution of detached houses by size in Grosmont, and where 3 TOLLSTONE WAY lies on this distribution: 3% of detached houses are smaller than 3 TOLLSTONE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Grosmont.

3 TOLLSTONE WAY: Plot and Title Map

3 TOLLSTONE WAY sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 3 TOLLSTONE WAY, 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 TOLLSTONE WAY). 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 TOLLSTONE WAY?

3 TOLLSTONE WAY is located in GROSMONT, in the NP7 postcode district. The below map shows the position of No. 3 on TOLLSTONE WAY.