4, THE OAKS, LLANGYBI, USK, NP15 1PQ - £625,000

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 THE OAKS is a large extended detached house of 207m², built sometime between 1996 and 2002, which could now be worth an estimated £741,927. It was last sold for £625,000 in July 2021, which was around 51% above the average July 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

4 THE OAKS Sold Prices

Land registry data shows four sales for 4 THE OAKS 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. All of the four 4 THE OAKS 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
2021 9 JUL	£625,000	£414,458	51% above HPI
2008 7 MAY	£410,000	£268,790	53% above HPI
2003 3 MAR	£285,000	£195,298	46% above HPI
1998 3 APR	£197,500	£101,183	95% above HPI

4 THE OAKS 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 THE OAKS sales between April 1998 and July 2021 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 May 2008 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 4 THE OAKS be worth now?

4 THE OAKS might now be worth an estimated £741,927.

This is based on house price inflation of 18.7%, between July 2021 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 18.7% inflationary increase is applied to the most recent sale price for 4 THE OAKS of £625,000 on 9th July 2021. For the value to have increased from £625,000 to £741,927 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 4 THE OAKS has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE OAKS has not materially changed since July 2021.

How Large is 4 THE OAKS?

4 THE OAKS is 207m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in Llangibby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llangibby, and where 4 THE OAKS lies on this distribution: 78% of detached houses houses are smaller than 4 THE OAKS, and 22% of houses are larger. Note that EPC data is not available for all properties in Llangibby.

4 THE OAKS: Plot and Title Map

4 THE OAKS sits on a plot of roughly 0.251 of an acre, or 1,014m². The below map shows the location of 4 THE OAKS, 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 THE OAKS). 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 THE OAKS?

4 THE OAKS is located in LLANGYBI, in the NP15 postcode district. The below map shows the position of No. 4 on THE OAKS.