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
34 WEDGEWOOD DRIVE is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £301,000 in May 2019, which was around 21% below the average May 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 WEDGEWOOD DRIVE since 1st 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 34 WEDGEWOOD DRIVE 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 24 MAY | £301,000 | £382,629 | 21% below HPI |
2012 30 APR | £183,000 | £282,309 | 35% below HPI |
2006 9 JUN | £205,000 | £280,198 | 27% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 34 WEDGEWOOD DRIVE sales between June 2006 and May 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 April 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
34 WEDGEWOOD DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses by size in Portskewett, and where 34 WEDGEWOOD DRIVE lies on this distribution: 44% of detached houses are smaller than 34 WEDGEWOOD DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Portskewett.
34 WEDGEWOOD DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 34 WEDGEWOOD 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 34 WEDGEWOOD 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.
34 WEDGEWOOD DRIVE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 34 on WEDGEWOOD DRIVE.