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
43 MARTIN CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £355,000 in July 2021, which was around 14% below the average July 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 43 MARTIN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 43 MARTIN CLOSE 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 |
---|---|---|---|
2021 28 JUL | £355,000 | £413,607 | 14% below HPI |
2017 6 MAR | £290,000 | £332,688 | 13% below HPI |
2001 1 FEB | £128,995 | £135,385 | 5% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 43 MARTIN CLOSE sales between February 2001 and July 2021 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
43 MARTIN CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Rogiet, based on EPC data. The below chart shows the distribution of detached houses by size in Rogiet, and where 43 MARTIN CLOSE lies on this distribution: 63% of detached houses are smaller than 43 MARTIN CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Rogiet.
43 MARTIN CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 43 MARTIN CLOSE, 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 MARTIN CLOSE). 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 MARTIN CLOSE is located in ROGIET, in the NP26 postcode district. The below map shows the position of No. 43 on MARTIN CLOSE.