41, MILL STREET, USK, NP15 1AP - £410,000

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

41 MILL STREET is a very small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £410,000 in June 2022, which was around 10% below the average June 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

41 MILL STREET Sold Prices

Land registry data shows two sales for 41 MILL STREET 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 41 MILL STREET 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 30 JUN	£410,000	£456,910	10% below HPI
2003 28 MAR	£160,000	£194,897	18% below HPI

41 MILL STREET 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 41 MILL STREET sales from March 2003 and June 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 March 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 41 MILL STREET?

41 MILL STREET is 98m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Usk, based on EPC data. The below chart shows the distribution of detached houses by size in Usk, and where 41 MILL STREET lies on this distribution: 18% of detached houses are smaller than 41 MILL STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Usk.

41 MILL STREET: Plot and Title Map

41 MILL STREET sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 41 MILL STREET, 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 MILL STREET). 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 MILL STREET?

41 MILL STREET is located in USK, in the NP15 postcode district. The below map shows the position of No. 41 on MILL STREET.