8, PLAS DERWEN WAY, ABERGAVENNY, NP7 9SJ - £315,000

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 PLAS DERWEN WAY is a midsized extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £380,066. It was last sold for £315,000 in November 2020, which was around 23% below the average November 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 PLAS DERWEN WAY Sold Prices

Land registry data shows four sales for 8 PLAS DERWEN 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. Most of the four 8 PLAS DERWEN WAY 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
2020 6 NOV	£315,000	£407,768	23% below HPI
2004 6 MAY	£266,000	£227,764	17% above HPI
2001 30 MAR	£143,000	£135,805	5% above HPI
1999 28 JUN	£119,000	£108,801	9% above HPI

8 PLAS DERWEN 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 PLAS DERWEN WAY sales between June 1999 and November 2020 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 May 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 PLAS DERWEN WAY be worth now?

8 PLAS DERWEN WAY might now be worth an estimated £380,066.

This is based on house price inflation of 20.7%, between November 2020 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 20.7% inflationary increase is applied to the most recent sale price for 8 PLAS DERWEN WAY of £315,000 on 6th November 2020. For the value to have increased from £315,000 to £380,066 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 PLAS DERWEN WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PLAS DERWEN WAY has not materially changed since November 2020.

How Large is 8 PLAS DERWEN WAY?

8 PLAS DERWEN WAY is 109m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergavenny, and where 8 PLAS DERWEN WAY lies on this distribution: 42% of detached houses houses are smaller than 8 PLAS DERWEN WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

8 PLAS DERWEN WAY: Plot and Title Map

8 PLAS DERWEN WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 8 PLAS DERWEN 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 PLAS DERWEN 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 PLAS DERWEN WAY?

8 PLAS DERWEN WAY is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 8 on PLAS DERWEN WAY.