8, MARGRETTS WAY, CALDICOT, NP26 4NL - £440,000

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

8 MARGRETTS WAY is a very large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £440,000 in May 2024, which was around 11% below the average May 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

8 MARGRETTS WAY Sold Prices

Land registry data shows four sales for 8 MARGRETTS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 8 MARGRETTS 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
2024 17 MAY	£440,000	£496,171	11% below HPI
2016 2 DEC	£244,000	£322,935	24% below HPI
2001 6 APR	£116,000	£139,609	17% below HPI
1997 10 MAR	£85,000	£93,687	9% below HPI

8 MARGRETTS 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 four 8 MARGRETTS WAY sales between March 1997 and May 2024 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 December 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 MARGRETTS WAY?

8 MARGRETTS WAY is 146m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where 8 MARGRETTS WAY lies on this distribution: 83% of detached houses are smaller than 8 MARGRETTS WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

8 MARGRETTS WAY: Plot and Title Map

8 MARGRETTS WAY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 8 MARGRETTS 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 8 MARGRETTS 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 8 MARGRETTS WAY?

8 MARGRETTS WAY is located in CALDICOT, in the NP26 postcode district. The below map shows the position of No. 8 on MARGRETTS WAY.