46, MILL COMMON, UNDY, CALDICOT, NP26 3JH - £326,000

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

46 MILL COMMON is a very small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £326,000 in September 2022, which was around 33% below the average September 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

46 MILL COMMON Sold Prices

Land registry data shows five sales for 46 MILL COMMON since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 46 MILL COMMON 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
2022 30 SEP	£326,000	£484,809	33% below HPI
2014 25 APR	£205,000	£281,792	27% below HPI
2006 19 MAY	£172,501	£275,507	37% below HPI
2000 27 APR	£75,000	£118,683	37% below HPI
1998 30 JUN	£72,500	£102,110	29% below HPI

46 MILL COMMON 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 five 46 MILL COMMON sales between June 1998 and September 2022 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 46 MILL COMMON?

46 MILL COMMON is 92m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 46 MILL COMMON lies on this distribution: 9% of detached houses are smaller than 46 MILL COMMON, and 91% of houses are larger. Note that EPC data is not available for all properties in Magor.

46 MILL COMMON: Plot and Title Map

46 MILL COMMON sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 46 MILL COMMON, 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 46 MILL COMMON). 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 46 MILL COMMON?

46 MILL COMMON is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 46 on MILL COMMON.