42, THE NEWLANDS, MARDY, ABERGAVENNY, NP7 6HJ - £156,000

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.

42 THE NEWLANDS is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £236,453. It was last sold for £156,000 in July 2016, which was around 4% above the average July 2016 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

42 THE NEWLANDS Sold Prices

Land registry data shows seven sales for 42 THE NEWLANDS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. The seven 42 THE NEWLANDS sales were a mix of above the average price, roughly equal to the average price, and 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
2016 1 JUL	£156,000	£150,641	4% above HPI
2007 9 JUL	£167,500	£144,712	16% above HPI
2003 17 APR	£88,500	£88,266	Close to HPI
2002 10 MAY	£75,000	£72,484	3% above HPI
2002 18 JAN	£60,000	£65,215	8% below HPI
1999 30 APR	£56,500	£47,326	19% above HPI
1997 6 NOV	£59,000	£44,600	32% above HPI

42 THE NEWLANDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Monmouthshire local authority area over time, sourced from the HPI. The seven 42 THE NEWLANDS sales between November 1997 and July 2016 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 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 42 THE NEWLANDS be worth now?

42 THE NEWLANDS might now be worth an estimated £236,453.

This is based on house price inflation of 51.6%, between July 2016 and July 2025, for terraced 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 51.6% inflationary increase is applied to the most recent sale price for 42 THE NEWLANDS of £156,000 on 1st July 2016. For the value to have increased from £156,000 to £236,453 over the nine years to July 2025, the following assumptions must hold true:

• The value of 42 THE NEWLANDS has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The July 2016 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 42 THE NEWLANDS has not materially changed since July 2016.

How Large is 42 THE NEWLANDS?

42 THE NEWLANDS is 54m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of terraced houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Abergavenny, and where 42 THE NEWLANDS lies on this distribution: 1% of terraced houses houses are smaller than 42 THE NEWLANDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

42 THE NEWLANDS: Plot and Title Map

42 THE NEWLANDS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 42 THE NEWLANDS, 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 42 THE NEWLANDS). 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 42 THE NEWLANDS?

42 THE NEWLANDS is located in MARDY, in the NP7 postcode district. The below map shows the position of No. 42 on THE NEWLANDS.