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 ELM DRIVE is a small detached house of 119m², built sometime between 1983 and 1990. It was last sold for £307,000 in January 2019, which was around 21% below the average January 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 41 ELM DRIVE since 1st 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. One of the two 41 ELM DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2019 31 JAN | £307,000 | £389,057 | 21% below HPI |
2007 8 JUN | £310,000 | £277,619 | 12% above HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 41 ELM DRIVE sales from June 2007 and January 2019 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 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
41 ELM DRIVE is 119m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Llanellen, based on EPC data. The below chart shows the distribution of detached houses by size in Llanellen, and where 41 ELM DRIVE lies on this distribution: 38% of detached houses are smaller than 41 ELM DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Llanellen.
41 ELM DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 41 ELM DRIVE, 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 ELM DRIVE). 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.
41 ELM DRIVE is located in LLANELLEN, in the NP7 postcode district. The below map shows the position of No. 41 on ELM DRIVE.