7, PATTERSON WAY, MONMOUTH, NP25 5BS - £399,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 PATTERSON WAY is a large extended detached house of 137m², built sometime between 2003 and 2006. It was last sold for £399,950 in April 2023, which was around 15% below the average April 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

7 PATTERSON WAY Sold Prices

Land registry data shows three sales for 7 PATTERSON WAY 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 PATTERSON 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
2023 12 APR	£399,950	£473,266	15% below HPI
2017 18 JUL	£290,000	£335,493	14% below HPI
2000 29 SEP	£118,495	£127,904	7% below HPI

7 PATTERSON 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 three 7 PATTERSON WAY sales between September 2000 and April 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 July 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 PATTERSON WAY?

7 PATTERSON WAY is 137m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 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 PATTERSON WAY lies on this distribution: 64% of detached houses are smaller than 7 PATTERSON WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

7 PATTERSON WAY: Plot and Title Map

7 PATTERSON WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 PATTERSON 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 PATTERSON 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 PATTERSON WAY?

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