8, MONUMENT CLOSE, PORTSKEWETT, CALDICOT, NP26 5UE - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MONUMENT CLOSE is a very large detached house of 190m², which could now be worth an estimated £536,557. It was last sold for £325,000 in January 2015, which was around 9% above the average January 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was B.

8 MONUMENT CLOSE Sold Prices

Land registry data shows two sales for 8 MONUMENT CLOSE 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 8 MONUMENT CLOSE 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 16 JAN	£325,000	£298,009	9% above HPI
2010 30 APR	£350,000	£282,456	24% above HPI

8 MONUMENT 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 two 8 MONUMENT CLOSE sales from April 2010 and January 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 April 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 8 MONUMENT CLOSE be worth now?

8 MONUMENT CLOSE might now be worth an estimated £536,557.

This is based on house price inflation of 65.1%, between January 2015 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 65.1% inflationary increase is applied to the most recent sale price for 8 MONUMENT CLOSE of £325,000 on 16th January 2015. For the value to have increased from £325,000 to £536,557 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 MONUMENT CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The January 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MONUMENT CLOSE has not materially changed since January 2015.

How Large is 8 MONUMENT CLOSE?

8 MONUMENT CLOSE is 190m² according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portskewett, and where 8 MONUMENT CLOSE lies on this distribution: 87% of detached houses houses are smaller than 8 MONUMENT CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Portskewett.

8 MONUMENT CLOSE: Plot and Title Map

8 MONUMENT CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 8 MONUMENT 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 MONUMENT 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 MONUMENT CLOSE?

8 MONUMENT CLOSE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 8 on MONUMENT CLOSE.