4, PATTERSON WAY, MONMOUTH, NP25 5BS - £335,000

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

4 PATTERSON WAY is a midsized extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £335,000 in June 2018, which was around 6% below the average June 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was C.

4 PATTERSON WAY Sold Prices

Land registry data shows four sales for 4 PATTERSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Most of the four 4 PATTERSON 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
2018 21 JUN	£335,000	£357,010	6% below HPI
2008 22 AUG	£225,000	£282,256	20% below HPI
2005 1 SEP	£220,000	£269,003	18% below HPI
2000 20 JAN	£134,750	£119,153	13% above HPI

4 PATTERSON 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 four 4 PATTERSON WAY sales between January 2000 and June 2018 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 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 PATTERSON WAY?

4 PATTERSON WAY is 126m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 4 PATTERSON WAY lies on this distribution: 54% of detached houses are smaller than 4 PATTERSON WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

4 PATTERSON WAY: Plot and Title Map

4 PATTERSON WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 PATTERSON 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 4 PATTERSON 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 4 PATTERSON WAY?

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