38, ROCKFIELD WAY, UNDY, CALDICOT, NP26 3FD - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 ROCKFIELD WAY is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £395,000 in November 2023, which was around 19% below the average November 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

38 ROCKFIELD WAY Sold Prices

Land registry data shows five sales for 38 ROCKFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 38 ROCKFIELD WAY 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
2023 24 NOV	£395,000	£489,918	19% below HPI
2017 15 AUG	£300,000	£340,218	12% below HPI
2008 20 JUN	£245,000	£274,824	11% below HPI
2007 28 FEB	£242,500	£291,294	17% below HPI
1998 18 DEC	£100,950	£110,440	9% below HPI

38 ROCKFIELD WAY 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 five 38 ROCKFIELD WAY sales between December 1998 and November 2023 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 ROCKFIELD WAY?

38 ROCKFIELD WAY is 109m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Undy, based on EPC data. The below chart shows the distribution of detached houses by size in Undy, and where 38 ROCKFIELD WAY lies on this distribution: 44% of detached houses are smaller than 38 ROCKFIELD WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Undy.

38 ROCKFIELD WAY: Plot and Title Map

38 ROCKFIELD WAY sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 38 ROCKFIELD WAY, 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 ROCKFIELD WAY). 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 ROCKFIELD WAY?

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