8, DERWEN DEG CLOSE, GOVILON, ABERGAVENNY, NP7 9RJ - £292,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 DERWEN DEG CLOSE is a large detached house of 155m², built sometime between 1976 and 1982, which could now be worth an estimated £434,536. It was last sold for £292,000 in May 2017, which was around 12% below the average May 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

8 DERWEN DEG CLOSE Sold Prices

Land registry data shows three sales for 8 DERWEN DEG CLOSE 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. Two of the three 8 DERWEN DEG CLOSE sales were for below the average price, whilst one was 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
2017 9 MAY	£292,000	£330,612	12% below HPI
2010 20 APR	£295,000	£282,456	4% above HPI
2005 18 APR	£250,000	£255,112	2% below HPI

8 DERWEN DEG CLOSE 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 8 DERWEN DEG CLOSE sales between April 2005 and May 2017 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 April 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 DERWEN DEG CLOSE be worth now?

8 DERWEN DEG CLOSE might now be worth an estimated £434,536.

This is based on house price inflation of 48.8%, between May 2017 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.8% inflationary increase is applied to the most recent sale price for 8 DERWEN DEG CLOSE of £292,000 on 9th May 2017. For the value to have increased from £292,000 to £434,536 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 8 DERWEN DEG CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2017 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DERWEN DEG CLOSE has not materially changed since May 2017.

How Large is 8 DERWEN DEG CLOSE?

8 DERWEN DEG CLOSE is 155m² according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses houses in Govilon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Govilon, and where 8 DERWEN DEG CLOSE lies on this distribution: 73% of detached houses houses are smaller than 8 DERWEN DEG CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Govilon.

8 DERWEN DEG CLOSE: Plot and Title Map

8 DERWEN DEG CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 8 DERWEN DEG CLOSE, 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 DERWEN DEG CLOSE). 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 8 DERWEN DEG CLOSE?

8 DERWEN DEG CLOSE is located in GOVILON, in the NP7 postcode district. The below map shows the position of No. 8 on DERWEN DEG CLOSE.