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

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 LAVE WAY is a very small detached house of 97m², built in 2022. It was last sold for £345,000 in August 2024, which was around 32% 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	£504,001	32% below HPI
2022 10 JUN	£334,995	£456,910	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 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Sudbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrook, and where 44 LAVE WAY lies on this distribution: 6% of detached 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 76.0 acres, or 307,479m². 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.