41, ELAN WAY, CALDICOT, NP26 4PZ - £279,950

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

41 ELAN WAY is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £279,950 in October 2022, which was around 42% below the average October 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

41 ELAN WAY Sold Prices

Land registry data shows four sales for 41 ELAN 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. All of the four 41 ELAN 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
2022 31 OCT	£279,950	£481,807	42% below HPI
2006 5 JUL	£172,500	£276,697	38% below HPI
2000 28 APR	£82,750	£118,683	30% below HPI
1998 18 DEC	£78,000	£110,440	29% below HPI

41 ELAN 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 41 ELAN WAY sales between December 1998 and October 2022 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 41 ELAN WAY?

41 ELAN WAY is 58m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where 41 ELAN WAY lies on this distribution: 1% of detached houses are smaller than 41 ELAN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

41 ELAN WAY: Plot and Title Map

41 ELAN WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 41 ELAN 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 41 ELAN 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 41 ELAN WAY?

41 ELAN WAY is located in CALDICOT, in the NP26 postcode district. The below map shows the position of No. 41 on ELAN WAY.