38, COWLEAZE, MAGOR, CALDICOT, NP26 3LE - £390,000

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.

38 COWLEAZE is a small extended detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £412,836. It was last sold for £390,000 in June 2022, which was around 15% below the average June 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

38 COWLEAZE Sold Prices

Land registry data shows three sales for 38 COWLEAZE 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. One of the three 38 COWLEAZE sales was for below the average price, whilst two were for above 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
2022 30 JUN	£390,000	£457,851	15% below HPI
2001 2 MAR	£145,000	£135,805	7% above HPI
1997 24 OCT	£109,995	£103,666	6% above HPI

38 COWLEAZE 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 38 COWLEAZE sales between October 1997 and June 2022 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 March 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 38 COWLEAZE be worth now?

38 COWLEAZE might now be worth an estimated £412,836.

This is based on house price inflation of 5.9%, between June 2022 and March 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 5.9% inflationary increase is applied to the most recent sale price for 38 COWLEAZE of £390,000 on 30th June 2022. For the value to have increased from £390,000 to £412,836 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 38 COWLEAZE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 38 COWLEAZE has not materially changed since June 2022.

How Large is 38 COWLEAZE?

38 COWLEAZE is 107m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 38 COWLEAZE lies on this distribution: 26% of detached houses houses are smaller than 38 COWLEAZE, and 73% of houses are larger. Note that EPC data is not available for all properties in Magor.

38 COWLEAZE: Plot and Title Map

38 COWLEAZE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 38 COWLEAZE, 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 38 COWLEAZE). 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 38 COWLEAZE?

38 COWLEAZE is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 38 on COWLEAZE.