4, HIGHFIELD CLOSE, MONMOUTH, NP25 3HP - £582,500

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.

4 HIGHFIELD CLOSE is a very large extended detached house of 177m², built sometime between 1976 and 1982, which could now be worth an estimated £623,764. It was last sold for £582,500 in April 2022, which was around 27% above the average April 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

4 HIGHFIELD CLOSE Sold Prices

Land registry data shows three sales for 4 HIGHFIELD CLOSE 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 4 HIGHFIELD CLOSE sales were for above 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 7 APR	£582,500	£459,449	27% above HPI
2014 26 JUN	£470,000	£284,903	65% above HPI
1997 23 MAY	£103,500	£94,856	9% above HPI

4 HIGHFIELD CLOSE 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 4 HIGHFIELD CLOSE sales between May 1997 and April 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 June 2014 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 4 HIGHFIELD CLOSE be worth now?

4 HIGHFIELD CLOSE might now be worth an estimated £623,764.

This is based on house price inflation of 7.1%, between April 2022 and February 2025, 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 7.1% inflationary increase is applied to the most recent sale price for 4 HIGHFIELD CLOSE of £582,500 on 7th April 2022. For the value to have increased from £582,500 to £623,764 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 4 HIGHFIELD CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The April 2022 sale price of £582,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HIGHFIELD CLOSE has not materially changed since April 2022.

How Large is 4 HIGHFIELD CLOSE?

4 HIGHFIELD CLOSE is 177m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monmouth, and where 4 HIGHFIELD CLOSE lies on this distribution: 88% of detached houses houses are smaller than 4 HIGHFIELD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

4 HIGHFIELD CLOSE: Plot and Title Map

4 HIGHFIELD CLOSE sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of 4 HIGHFIELD CLOSE, 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 HIGHFIELD CLOSE). 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 HIGHFIELD CLOSE?

4 HIGHFIELD CLOSE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 4 on HIGHFIELD CLOSE.