39, ELAN WAY, CALDICOT, NP26 4PZ - £239,950

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

39 ELAN WAY is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £239,950 in May 2019, which was around 37% below the average May 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

39 ELAN WAY Sold Prices

Land registry data shows two sales for 39 ELAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 39 ELAN 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
2019 13 MAY	£239,950	£382,629	37% below HPI
2015 19 JUN	£162,500	£292,829	45% below HPI

39 ELAN 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 two 39 ELAN WAY sales from June 2015 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 June 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 39 ELAN WAY?

39 ELAN WAY is 60m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where 39 ELAN WAY lies on this distribution: 1% of detached houses are smaller than 39 ELAN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

39 ELAN WAY: Plot and Title Map

39 ELAN WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 39 ELAN 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 39 ELAN 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 39 ELAN WAY?

39 ELAN WAY is located in CALDICOT, in the NP26 postcode district. The below map shows the position of No. 39 on ELAN WAY.