38, MILL COMMON, UNDY, CALDICOT, NP26 3JH - £320,000

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

38 MILL COMMON is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £320,000 in August 2019, which was around 18% below the average August 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

38 MILL COMMON Sold Prices

Land registry data shows three sales for 38 MILL COMMON 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 38 MILL COMMON 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 2 AUG	£320,000	£391,574	18% below HPI
2003 24 OCT	£168,500	£208,661	19% below HPI
1996 28 JUN	£69,000	£86,393	20% below HPI

38 MILL COMMON 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 MILL COMMON sales between June 1996 and August 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 October 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 MILL COMMON?

38 MILL COMMON is 112m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 38 MILL COMMON lies on this distribution: 36% of detached houses are smaller than 38 MILL COMMON, and 63% of houses are larger. Note that EPC data is not available for all properties in Magor.

38 MILL COMMON: Plot and Title Map

38 MILL COMMON sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 38 MILL COMMON, 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 MILL COMMON). 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 MILL COMMON?

38 MILL COMMON is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 38 on MILL COMMON.