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 MEADOW RISE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £262,500 in July 2019, which was around 34% below the average July 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 56 MEADOW RISE since 1st 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 56 MEADOW RISE 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 |
---|---|---|---|
2019 16 JUL | £262,500 | £395,461 | 34% below HPI |
2011 9 DEC | £174,000 | £272,558 | 36% below HPI |
2007 27 JUL | £186,000 | £290,457 | 36% below HPI |
2006 11 AUG | £185,000 | £280,772 | 34% below HPI |
1996 27 FEB | £65,000 | £87,343 | 26% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 56 MEADOW RISE sales between February 1996 and July 2019 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 December 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
56 MEADOW RISE is 91m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Undy, based on EPC data. The below chart shows the distribution of detached houses by size in Undy, and where 56 MEADOW RISE lies on this distribution: 21% of detached houses are smaller than 56 MEADOW RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Undy.
56 MEADOW RISE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 56 MEADOW RISE, 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 MEADOW RISE). 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.
56 MEADOW RISE is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 56 on MEADOW RISE.