40, MALFORD GROVE, GILWERN, ABERGAVENNY, NP7 0RN - £265,000

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.

40 MALFORD GROVE is a midsized semi-detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £301,183. It was last sold for £265,000 in October 2021, which was around 2% above the average October 2021 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was A.

40 MALFORD GROVE Sold Prices

Land registry data shows two sales for 40 MALFORD GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 40 MALFORD GROVE 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 20 OCT	£265,000	£260,589	2% above HPI
2004 15 DEC	£174,950	£151,695	15% above HPI

40 MALFORD GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 40 MALFORD GROVE sales from December 2004 and October 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 December 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 40 MALFORD GROVE be worth now?

40 MALFORD GROVE might now be worth an estimated £301,183.

This is based on house price inflation of 13.7%, between October 2021 and February 2025, for semi-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 13.7% inflationary increase is applied to the most recent sale price for 40 MALFORD GROVE of £265,000 on 20th October 2021. For the value to have increased from £265,000 to £301,183 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 MALFORD GROVE has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The October 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MALFORD GROVE has not materially changed since October 2021.

How Large is 40 MALFORD GROVE?

40 MALFORD GROVE is 124m² according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of semi-detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gilwern, and where 40 MALFORD GROVE lies on this distribution: 59% of semi-detached houses houses are smaller than 40 MALFORD GROVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

40 MALFORD GROVE: Plot and Title Map

40 MALFORD GROVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 40 MALFORD GROVE, 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 40 MALFORD GROVE). 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 40 MALFORD GROVE?

40 MALFORD GROVE is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 40 on MALFORD GROVE.