40, MID SUMMER WAY, MONMOUTH, NP25 5UT - £480,000

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 MID SUMMER WAY is a very large detached house of 164m², which could now be worth an estimated £573,205. It was last sold for £480,000 in March 2021, which was around 17% above the average March 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

40 MID SUMMER WAY Sold Prices

Land registry data shows two sales for 40 MID SUMMER WAY 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 40 MID SUMMER WAY 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 17 MAR	£480,000	£411,996	17% above HPI
2019 21 JUN	£457,000	£392,540	16% above HPI

40 MID SUMMER 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 two 40 MID SUMMER WAY sales from June 2019 and March 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 June 2019 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 40 MID SUMMER WAY be worth now?

40 MID SUMMER WAY might now be worth an estimated £573,205.

This is based on house price inflation of 19.4%, between March 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 19.4% inflationary increase is applied to the most recent sale price for 40 MID SUMMER WAY of £480,000 on 17th March 2021. For the value to have increased from £480,000 to £573,205 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 40 MID SUMMER WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MID SUMMER WAY has not materially changed since March 2021.

How Large is 40 MID SUMMER WAY?

40 MID SUMMER WAY is 164m² according to the EPC inspection conducted in June 2019. 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 40 MID SUMMER WAY lies on this distribution: 83% of detached houses houses are smaller than 40 MID SUMMER WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

40 MID SUMMER WAY: Plot and Title Map

40 MID SUMMER WAY sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 40 MID SUMMER 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 40 MID SUMMER 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 40 MID SUMMER WAY?

40 MID SUMMER WAY is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 40 on MID SUMMER WAY.