8, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LF - £186,500

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 MILLFIELD PARK is a very small semi-detached house of 93m², built sometime between 1976 and 1982. It was last sold for £186,500 in November 2013, which was around 30% below the average November 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

8 MILLFIELD PARK Sold Prices

Land registry data shows three sales for 8 MILLFIELD PARK 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 8 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
2013 13 NOV	£186,500	£268,266	30% below HPI
2000 18 DEC	£85,000	£133,326	36% below HPI
1997 3 APR	£66,000	£93,799	30% below HPI

8 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 three 8 MILLFIELD PARK sales between April 1997 and November 2013 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 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 MILLFIELD PARK?

8 MILLFIELD PARK is 93m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 8 MILLFIELD PARK lies on this distribution: 10% of detached houses are smaller than 8 MILLFIELD PARK, and 90% of houses are larger. Note that EPC data is not available for all properties in Magor.

8 MILLFIELD PARK: Plot and Title Map

8 MILLFIELD PARK sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 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 8 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 8 MILLFIELD PARK?

8 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 8 on MILLFIELD PARK.