62, ELM DRIVE, LLANELLEN, ABERGAVENNY, NP7 9HW - £269,500

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

62 ELM DRIVE is a large extended detached house of 148m², built sometime between 1976 and 1982, which could now be worth an estimated £427,058. It was last sold for £269,500 in May 2016, which was around 13% below the average May 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

62 ELM DRIVE Sold Prices

Land registry data shows four sales for 62 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Two of the four 62 ELM DRIVE sales were for below the average price, whilst one was 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
2016 25 MAY	£269,500	£310,480	13% below HPI
2003 26 NOV	£210,000	£209,026	Close to HPI
1997 31 OCT	£97,000	£103,666	6% below HPI
1995 12 MAY	£95,000	£89,433	6% above HPI

62 ELM DRIVE 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 four 62 ELM DRIVE sales between May 1995 and May 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 November 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 62 ELM DRIVE be worth now?

62 ELM DRIVE might now be worth an estimated £427,058.

This is based on house price inflation of 58.5%, between May 2016 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 58.5% inflationary increase is applied to the most recent sale price for 62 ELM DRIVE of £269,500 on 25th May 2016. For the value to have increased from £269,500 to £427,058 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 62 ELM DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2016 sale price of £269,500 represented a fair market value for the property.
• The size, condition, and specification of 62 ELM DRIVE has not materially changed since May 2016.

How Large is 62 ELM DRIVE?

62 ELM DRIVE is 148m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses houses in Llanellen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanellen, and where 62 ELM DRIVE lies on this distribution: 72% of detached houses houses are smaller than 62 ELM DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Llanellen.

62 ELM DRIVE: Plot and Title Map

62 ELM DRIVE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 62 ELM DRIVE, 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 62 ELM DRIVE). 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 62 ELM DRIVE?

62 ELM DRIVE is located in LLANELLEN, in the NP7 postcode district. The below map shows the position of No. 62 on ELM DRIVE.