58, MILL STREET, USK, NP15 1AW - £275,000

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.

58 MILL STREET is a small extended semi-detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £448,980. It was last sold for £275,000 in November 2015, which was around 52% above the average November 2015 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

58 MILL STREET Sold Prices

Land registry data shows five sales for 58 MILL STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 58 MILL STREET 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 20 NOV	£275,000	£181,404	52% above HPI
2013 11 OCT	£250,000	£156,094	60% above HPI
2010 17 SEP	£185,000	£161,249	15% above HPI
1997 19 SEP	£78,000	£57,011	37% above HPI
1996 27 AUG	£75,000	£51,358	46% above HPI

58 MILL STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 58 MILL STREET sales between August 1996 and November 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 October 2013 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2015 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 58 MILL STREET be worth now?

58 MILL STREET might now be worth an estimated £448,980.

This is based on house price inflation of 63.3%, between November 2015 and February 2025, for semi-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 63.3% inflationary increase is applied to the most recent sale price for 58 MILL STREET of £275,000 on 20th November 2015. For the value to have increased from £275,000 to £448,980 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 58 MILL STREET has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The November 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 58 MILL STREET has not materially changed since November 2015.

How Large is 58 MILL STREET?

58 MILL STREET is 115m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of semi-detached houses houses in Usk, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Usk, and where 58 MILL STREET lies on this distribution: 37% of semi-detached houses houses are smaller than 58 MILL STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Usk.

58 MILL STREET: Plot and Title Map

58 MILL STREET sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 58 MILL STREET, 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 58 MILL STREET). 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 58 MILL STREET?

58 MILL STREET is located in USK, in the NP15 postcode district. The below map shows the position of No. 58 on MILL STREET.