44, LAVE WAY, SUDBROOK, CALDICOT, NP26 5WA - £345,000

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

44 LAVE WAY is a very small detached house of 97m², built in 2022, which could now be worth an estimated £336,777. It was last sold for £345,000 in August 2024, which was around 31% below the average August 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

44 LAVE WAY Sold Prices

Land registry data shows two sales for 44 LAVE WAY since 1^st 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 44 LAVE WAY 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
2024 2 AUG	£345,000	£498,960	31% below HPI
2022 10 JUN	£334,995	£457,851	27% below HPI

44 LAVE WAY 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 two 44 LAVE WAY sales from June 2022 and August 2024 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 June 2022 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 44 LAVE WAY be worth now?

44 LAVE WAY might now be worth an estimated £336,777.

This is based on house price deflation of 2.4%, between August 2024 and December 2024, 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 2.4% deflationary decrease is applied to the most recent sale price for 44 LAVE WAY of £345,000 on 2nd August 2024. For the value to have decreased from £345,000 to £336,777 over the eight months to December 2024, the following assumptions must hold true:

• The value of 44 LAVE WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2024 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 44 LAVE WAY has not materially changed since August 2024.

How Large is 44 LAVE WAY?

44 LAVE WAY is 97m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Sudbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sudbrook, and where 44 LAVE WAY lies on this distribution: 6% of detached houses houses are smaller than 44 LAVE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Sudbrook.

44 LAVE WAY: Plot and Title Map

44 LAVE WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 44 LAVE WAY, 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 LAVE WAY). 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 44 LAVE WAY?

44 LAVE WAY is located in SUDBROOK, in the NP26 postcode district. The below map shows the position of No. 44 on LAVE WAY.