56, MAIN ROAD, PORTSKEWETT, CALDICOT, NP26 5SA - £255,000

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

56 MAIN ROAD is a large extended detached house of 138m², built sometime between 1900 and 1929. It was last sold for £255,000 in July 2016, which was around 19% below the average July 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

56 MAIN ROAD Sold Prices

Land registry data shows two sales for 56 MAIN ROAD 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 56 MAIN ROAD 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
2016 22 JUL	£255,000	£314,940	19% below HPI
1997 28 FEB	£79,000	£92,363	14% below HPI

56 MAIN ROAD 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 56 MAIN ROAD sales from February 1997 and July 2016 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 February 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 56 MAIN ROAD?

56 MAIN ROAD is 138m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses by size in Portskewett, and where 56 MAIN ROAD lies on this distribution: 64% of detached houses are smaller than 56 MAIN ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Portskewett.

56 MAIN ROAD: Plot and Title Map

56 MAIN ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 56 MAIN ROAD, 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 56 MAIN ROAD). 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 56 MAIN ROAD?

56 MAIN ROAD is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 56 on MAIN ROAD.