6, MIDWAY CLOSE, MARDY, ABERGAVENNY, NP7 6PJ - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 MIDWAY CLOSE is a very large extended detached house of 187m², built sometime between 1967 and 1975, which could now be worth an estimated £560,330. It was last sold for £550,000 in February 2023, which was around 14% above the average February 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

6 MIDWAY CLOSE Sold Prices

Land registry data shows three sales for 6 MIDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 6 MIDWAY CLOSE 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
2023 14 FEB	£550,000	£482,926	14% above HPI
2003 27 JUN	£244,000	£196,103	24% above HPI
1998 22 MAY	£114,000	£101,023	13% above HPI

6 MIDWAY CLOSE 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 three 6 MIDWAY CLOSE sales between May 1998 and February 2023 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 2003 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 6 MIDWAY CLOSE be worth now?

6 MIDWAY CLOSE might now be worth an estimated £560,330.

This is based on house price inflation of 1.9%, between February 2023 and February 2025, for 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 1.9% inflationary increase is applied to the most recent sale price for 6 MIDWAY CLOSE of £550,000 on 14th February 2023. For the value to have increased from £550,000 to £560,330 over the two years to February 2025, the following assumptions must hold true:

• The value of 6 MIDWAY CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The February 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MIDWAY CLOSE has not materially changed since February 2023.

How Large is 6 MIDWAY CLOSE?

6 MIDWAY CLOSE is 187m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergavenny, and where 6 MIDWAY CLOSE lies on this distribution: 89% of detached houses houses are smaller than 6 MIDWAY CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

6 MIDWAY CLOSE: Plot and Title Map

6 MIDWAY CLOSE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 6 MIDWAY CLOSE, 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 6 MIDWAY CLOSE). 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 6 MIDWAY CLOSE?

6 MIDWAY CLOSE is located in MARDY, in the NP7 postcode district. The below map shows the position of No. 6 on MIDWAY CLOSE.