Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
43 CHESTNUT DRIVE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £250,000 in July 2015, which was around 16% below the average July 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 43 CHESTNUT 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. Both of the two 43 CHESTNUT DRIVE 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 |
---|---|---|---|
2015 24 JUL | £250,000 | £296,199 | 16% below HPI |
2002 31 MAY | £134,950 | £166,313 | 19% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 43 CHESTNUT DRIVE sales from May 2002 and July 2015 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 May 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
43 CHESTNUT DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where 43 CHESTNUT DRIVE lies on this distribution: 47% of detached houses are smaller than 43 CHESTNUT DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.
43 CHESTNUT DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 43 CHESTNUT 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 43 CHESTNUT 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.
43 CHESTNUT DRIVE is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 43 on CHESTNUT DRIVE.