38, MERTHYR ROAD, ABERGAVENNY, NP7 5BT - £235,000

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 MERTHYR ROAD is a very small semi-detached house of 72m², built sometime before 1900, which could now be worth an estimated £254,964. It was last sold for £235,000 in June 2022, which was around 14% below the average June 2022 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was B.

38 MERTHYR ROAD Sold Prices

Land registry data shows three sales for 38 MERTHYR ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 38 MERTHYR ROAD 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
2022 15 JUN	£235,000	£272,979	14% below HPI
2011 24 AUG	£110,000	£164,024	33% below HPI
1995 3 NOV	£47,000	£48,630	3% below HPI

38 MERTHYR ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 38 MERTHYR ROAD sales between November 1995 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 August 2011 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 38 MERTHYR ROAD be worth now?

38 MERTHYR ROAD might now be worth an estimated £254,964.

This is based on house price inflation of 8.5%, between June 2022 and February 2025, for semi-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 8.5% inflationary increase is applied to the most recent sale price for 38 MERTHYR ROAD of £235,000 on 15th June 2022. For the value to have increased from £235,000 to £254,964 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 38 MERTHYR ROAD has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The June 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MERTHYR ROAD has not materially changed since June 2022.

How Large is 38 MERTHYR ROAD?

38 MERTHYR ROAD is 72m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Abergavenny, and where 38 MERTHYR ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 38 MERTHYR ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

38 MERTHYR ROAD: Plot and Title Map

38 MERTHYR ROAD sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 38 MERTHYR ROAD, 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 MERTHYR ROAD). 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 MERTHYR ROAD?

38 MERTHYR ROAD is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 38 on MERTHYR ROAD.