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
8 CASTLE WOOD is a midsized extended detached house of 131m², built sometime between 1991 and 1995. It was last sold for £315,000 in July 2015, which was around 6% above the average July 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 8 CASTLE WOOD since 1st 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 8 CASTLE WOOD sales were for above 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 |
---|---|---|---|
2015 20 JUL | £315,000 | £296,199 | 6% above HPI |
2007 31 AUG | £312,000 | £300,066 | 4% above HPI |
2003 18 DEC | £242,500 | £211,048 | 15% above HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 8 CASTLE WOOD sales between December 2003 and July 2015 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 August 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
8 CASTLE WOOD is 131m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Usk, based on EPC data. The below chart shows the distribution of detached houses by size in Usk, and where 8 CASTLE WOOD lies on this distribution: 48% of detached houses are smaller than 8 CASTLE WOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Usk.
8 CASTLE WOOD sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 8 CASTLE WOOD, 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 8 CASTLE WOOD). 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.
8 CASTLE WOOD is located in USK, in the NP15 postcode district. The below map shows the position of No. 8 on CASTLE WOOD.