43, THE NEWLANDS, MARDY, ABERGAVENNY, NP7 6HJ - £217,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

43 THE NEWLANDS is a very small detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £288,092. It was last sold for £217,500 in July 2018, which was around 41% below the average July 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

43 THE NEWLANDS Sold Prices

Land registry data shows four sales for 43 THE NEWLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 43 THE NEWLANDS 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
2018 23 JUL	£217,500	£371,441	41% below HPI
2017 24 FEB	£203,500	£330,690	38% below HPI
2008 13 JUN	£166,000	£275,389	40% below HPI
2002 31 DEC	£102,500	£180,332	43% below HPI

43 THE NEWLANDS 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 four 43 THE NEWLANDS sales between December 2002 and July 2018 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 February 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 43 THE NEWLANDS be worth now?

43 THE NEWLANDS might now be worth an estimated £288,092.

This is based on house price inflation of 32.5%, between July 2018 and February 2025, for detached 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 32.5% inflationary increase is applied to the most recent sale price for 43 THE NEWLANDS of £217,500 on 23rd July 2018. For the value to have increased from £217,500 to £288,092 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 43 THE NEWLANDS has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2018 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 43 THE NEWLANDS has not materially changed since July 2018.

How Large is 43 THE NEWLANDS?

43 THE NEWLANDS is 63m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergavenny, and where 43 THE NEWLANDS lies on this distribution: 2% of detached houses houses are smaller than 43 THE NEWLANDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

43 THE NEWLANDS: Plot and Title Map

43 THE NEWLANDS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 43 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 43 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 43 THE NEWLANDS?

43 THE NEWLANDS is located in MARDY, in the NP7 postcode district. The below map shows the position of No. 43 on THE NEWLANDS.