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
44 COWLEAZE is a small extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £325,000 in November 2019, which was around 18% below the average November 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 44 COWLEAZE since 1st 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. The four 44 COWLEAZE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2019 29 NOV | £325,000 | £394,382 | 18% below HPI |
2015 17 APR | £255,000 | £293,688 | 13% below HPI |
2000 28 APR | £111,000 | £118,683 | 6% below HPI |
1998 12 FEB | £104,500 | £104,262 | Close to HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 44 COWLEAZE sales between February 1998 and November 2019 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 April 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
44 COWLEAZE is 109m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 44 COWLEAZE lies on this distribution: 31% of detached houses are smaller than 44 COWLEAZE, and 68% of houses are larger. Note that EPC data is not available for all properties in Magor.
44 COWLEAZE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 44 COWLEAZE, 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 44 COWLEAZE). 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.
44 COWLEAZE is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 44 on COWLEAZE.