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
55 MILL COMMON is a very large extended detached house of 260m², built sometime between 1967 and 1975. It was last sold for £320,000 in March 2015, which was around 9% above the average March 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 55 MILL COMMON since 1st 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 55 MILL COMMON sales were for above 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 |
---|---|---|---|
2015 6 MAR | £320,000 | £293,451 | 9% above HPI |
2000 23 JUN | £155,000 | £124,214 | 25% above HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 55 MILL COMMON sales from June 2000 and March 2015 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 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
55 MILL COMMON is 260m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 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 55 MILL COMMON lies on this distribution: 99% of detached houses are smaller than 55 MILL COMMON, and 1% of houses are larger. Note that EPC data is not available for all properties in Magor.
55 MILL COMMON sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 55 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 55 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.
55 MILL COMMON is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 55 on MILL COMMON.