40, MONNOW KEEP, MONMOUTH, NP25 3EX - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 MONNOW KEEP is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £285,000 in September 2023, which was around 42% below the average September 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

40 MONNOW KEEP Sold Prices

Land registry data shows three sales for 40 MONNOW KEEP 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 40 MONNOW KEEP 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
2023 22 SEP	£285,000	£488,529	42% below HPI
2017 3 JUL	£260,000	£335,493	23% below HPI
2006 31 MAR	£239,000	£266,083	10% below HPI

40 MONNOW KEEP 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 40 MONNOW KEEP sales between March 2006 and September 2023 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 July 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 40 MONNOW KEEP?

40 MONNOW KEEP is 70m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 40 MONNOW KEEP lies on this distribution: 5% of detached houses are smaller than 40 MONNOW KEEP, and 95% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

40 MONNOW KEEP: Plot and Title Map

40 MONNOW KEEP sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 40 MONNOW KEEP, 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 MONNOW KEEP). 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 MONNOW KEEP?

40 MONNOW KEEP is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 40 on MONNOW KEEP.