34, WEDGEWOOD DRIVE, PORTSKEWETT, CALDICOT, NP26 5TL - £301,000

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.

34 WEDGEWOOD DRIVE is a midsized extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £386,241. 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.

34 WEDGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 34 WEDGEWOOD DRIVE 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 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	£383,416	21% below HPI
2012 30 APR	£183,000	£282,890	35% below HPI
2006 9 JUN	£205,000	£280,775	27% below HPI

34 WEDGEWOOD 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 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.

What might 34 WEDGEWOOD DRIVE be worth now?

34 WEDGEWOOD DRIVE might now be worth an estimated £386,241.

This is based on house price inflation of 28.3%, between May 2019 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 28.3% inflationary increase is applied to the most recent sale price for 34 WEDGEWOOD DRIVE of £301,000 on 24th May 2019. For the value to have increased from £301,000 to £386,241 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 34 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2019 sale price of £301,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WEDGEWOOD DRIVE has not materially changed since May 2019.

How Large is 34 WEDGEWOOD DRIVE?

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 houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portskewett, and where 34 WEDGEWOOD DRIVE lies on this distribution: 44% of detached houses 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: Plot and Title Map

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.

Where is 34 WEDGEWOOD DRIVE?

34 WEDGEWOOD DRIVE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 34 on WEDGEWOOD DRIVE.