7, ELSTOB WAY, MONMOUTH, NP25 5ET - £240,000

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

7 ELSTOB WAY is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2019, which was around 39% below the average February 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

7 ELSTOB WAY Sold Prices

Land registry data shows two sales for 7 ELSTOB WAY 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 ELSTOB WAY 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
2019 22 FEB	£240,000	£392,395	39% below HPI
2002 14 OCT	£101,000	£181,063	44% below HPI

7 ELSTOB WAY 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 ELSTOB WAY sales from October 2002 and February 2019 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 ELSTOB WAY?

7 ELSTOB WAY is 83m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 7 ELSTOB WAY lies on this distribution: 14% of detached houses are smaller than 7 ELSTOB WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

7 ELSTOB WAY: Plot and Title Map

7 ELSTOB WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 ELSTOB WAY, 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 ELSTOB WAY). 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 ELSTOB WAY?

7 ELSTOB WAY is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 7 on ELSTOB WAY.