4, FAIRFAX VIEW, RAGLAN, USK, NP15 2DR - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 FAIRFAX VIEW is a very small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £388,743. It was last sold for £220,000 in August 2013, which was around 20% below the average August 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 FAIRFAX VIEW Sold Prices

Land registry data shows two sales for 4 FAIRFAX VIEW 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 4 FAIRFAX VIEW 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
2013 2 AUG	£220,000	£275,645	20% below HPI
2006 17 FEB	£114,000	£263,905	57% below HPI

4 FAIRFAX VIEW 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 4 FAIRFAX VIEW sales from February 2006 and August 2013 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 February 2006 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the August 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 FAIRFAX VIEW be worth now?

4 FAIRFAX VIEW might now be worth an estimated £388,743.

This is based on house price inflation of 76.7%, between August 2013 and December 2024, 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 76.7% inflationary increase is applied to the most recent sale price for 4 FAIRFAX VIEW of £220,000 on 2nd August 2013. For the value to have increased from £220,000 to £388,743 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 FAIRFAX VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FAIRFAX VIEW has not materially changed since August 2013.

How Large is 4 FAIRFAX VIEW?

4 FAIRFAX VIEW is 87m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raglan, and where 4 FAIRFAX VIEW lies on this distribution: 18% of detached houses houses are smaller than 4 FAIRFAX VIEW, and 82% of houses are larger. Note that EPC data is not available for all properties in Raglan.

4 FAIRFAX VIEW: Plot and Title Map

4 FAIRFAX VIEW sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 4 FAIRFAX VIEW, 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 4 FAIRFAX VIEW). 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 4 FAIRFAX VIEW?

4 FAIRFAX VIEW is located in RAGLAN, in the NP15 postcode district. The below map shows the position of No. 4 on FAIRFAX VIEW.