31, ACER WAY, MONMOUTH, NP25 5UQ - £387,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 ACER WAY is a midsized detached house of 114m². It was last sold for £387,000 in July 2023, which was around 18% below the average July 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

31 ACER WAY Sold Prices

Land registry data shows two sales for 31 ACER WAY 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 31 ACER 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
2023 7 JUL	£387,000	£471,453	18% below HPI
2018 14 AUG	£290,000	£376,592	23% below HPI

31 ACER 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 two 31 ACER WAY sales from August 2018 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 August 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 31 ACER WAY?

31 ACER WAY is 114m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 31 ACER WAY lies on this distribution: 43% of detached houses are smaller than 31 ACER WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

31 ACER WAY: Plot and Title Map

31 ACER WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 31 ACER 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 31 ACER 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 31 ACER WAY?

31 ACER WAY is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 31 on ACER WAY.