73, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LL - £305,000

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

73 MILLFIELD PARK is a very small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £305,000 in August 2021, which was around 27% below the average August 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

73 MILLFIELD PARK Sold Prices

Land registry data shows two sales for 73 MILLFIELD PARK 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 73 MILLFIELD PARK 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
2021 27 AUG	£305,000	£420,652	27% below HPI
1997 6 JAN	£73,000	£92,732	21% below HPI

73 MILLFIELD PARK 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 73 MILLFIELD PARK sales from January 1997 and August 2021 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 73 MILLFIELD PARK?

73 MILLFIELD PARK is 94m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 73 MILLFIELD PARK lies on this distribution: 10% of detached houses are smaller than 73 MILLFIELD PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Magor.

73 MILLFIELD PARK: Plot and Title Map

73 MILLFIELD PARK sits on a plot of roughly 12.9 acres, or 52,391m². The below map shows the location of 73 MILLFIELD PARK, 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 73 MILLFIELD PARK). 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 73 MILLFIELD PARK?

73 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 73 on MILLFIELD PARK.