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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46 MILL COMMON is a very small extended detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £330,154. 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	£485,806	33% below HPI
2014 25 APR	£205,000	£282,372	27% below HPI
2006 19 MAY	£172,501	£276,074	38% below HPI
2000 27 APR	£75,000	£118,927	37% below HPI
1998 30 JUN	£72,500	£102,320	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.

What might 46 MILL COMMON be worth now?

46 MILL COMMON might now be worth an estimated £330,154.

This is based on house price inflation of 1.3%, between September 2022 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 1.3% inflationary increase is applied to the most recent sale price for 46 MILL COMMON of £326,000 on 30th September 2022. For the value to have increased from £326,000 to £330,154 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 46 MILL COMMON has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2022 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 46 MILL COMMON has not materially changed since September 2022.

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 houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 46 MILL COMMON lies on this distribution: 9% of detached houses 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.