7, OAKLANDS DRIVE, MONMOUTH, NP25 5DT - £294,000

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 OAKLANDS DRIVE is a small extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £294,000 in June 2018, which was around 18% below the average June 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

7 OAKLANDS DRIVE Sold Prices

Land registry data shows three sales for 7 OAKLANDS DRIVE 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 7 OAKLANDS DRIVE 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
2018 14 JUN	£294,000	£357,010	18% below HPI
2006 6 JAN	£220,000	£264,659	17% below HPI
2003 5 SEP	£176,545	£205,431	14% below HPI

7 OAKLANDS 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 three 7 OAKLANDS DRIVE sales between September 2003 and June 2018 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 January 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 OAKLANDS DRIVE?

7 OAKLANDS DRIVE is 105m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 OAKLANDS DRIVE lies on this distribution: 30% of detached houses are smaller than 7 OAKLANDS DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

7 OAKLANDS DRIVE: Plot and Title Map

7 OAKLANDS DRIVE sits on a plot of roughly 0.052 of an acre, or 208m². The below map shows the location of 7 OAKLANDS 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 7 OAKLANDS 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 7 OAKLANDS DRIVE?

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