7, DERWEN DEG CLOSE, GOVILON, ABERGAVENNY, NP7 9RJ - £385,000

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

7 DERWEN DEG CLOSE is a midsized detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £386,638. It was last sold for £385,000 in October 2023, which was around 21% below the average October 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

7 DERWEN DEG CLOSE Sold Prices

Land registry data shows two sales for 7 DERWEN DEG CLOSE 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 7 DERWEN DEG CLOSE 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
2023 6 OCT	£385,000	£489,912	21% below HPI
2020 29 JUN	£272,500	£389,490	30% below HPI

7 DERWEN DEG 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 two 7 DERWEN DEG CLOSE sales from June 2020 and October 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 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 7 DERWEN DEG CLOSE be worth now?

7 DERWEN DEG CLOSE might now be worth an estimated £386,638.

This is based on house price inflation of 0.4%, between October 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 0.4% inflationary increase is applied to the most recent sale price for 7 DERWEN DEG CLOSE of £385,000 on 6th October 2023. For the value to have increased from £385,000 to £386,638 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 DERWEN DEG CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The October 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DERWEN DEG CLOSE has not materially changed since October 2023.

How Large is 7 DERWEN DEG CLOSE?

7 DERWEN DEG CLOSE is 114m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Govilon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Govilon, and where 7 DERWEN DEG CLOSE lies on this distribution: 44% of detached houses houses are smaller than 7 DERWEN DEG CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Govilon.

7 DERWEN DEG CLOSE: Plot and Title Map

7 DERWEN DEG CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 7 DERWEN DEG 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 7 DERWEN DEG 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 7 DERWEN DEG CLOSE?

7 DERWEN DEG CLOSE is located in GOVILON, in the NP7 postcode district. The below map shows the position of No. 7 on DERWEN DEG CLOSE.