56, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LL - £275,000

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 MILLFIELD PARK is a very small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £275,000 in April 2021, which was around 32% below the average April 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

56 MILLFIELD PARK Sold Prices

Land registry data shows two sales for 56 MILLFIELD PARK 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 MILLFIELD PARK 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
2021 9 APR	£275,000	£405,021	32% below HPI
2016 30 MAR	£210,000	£313,261	33% below HPI

56 MILLFIELD PARK 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 MILLFIELD PARK sales from March 2016 and April 2021 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 March 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 56 MILLFIELD PARK?

56 MILLFIELD PARK is 97m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 56 MILLFIELD PARK lies on this distribution: 14% of detached houses are smaller than 56 MILLFIELD PARK, and 86% of houses are larger. Note that EPC data is not available for all properties in Magor.

56 MILLFIELD PARK: Plot and Title Map

56 MILLFIELD PARK sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 56 MILLFIELD PARK, 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 MILLFIELD PARK). 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 MILLFIELD PARK?

56 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 56 on MILLFIELD PARK.