8, THE BRIARS, MAGOR, CALDICOT, NP26 3LH - £290,000

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 THE BRIARS is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £290,000 in March 2021, which was around 29% below the average March 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 THE BRIARS Sold Prices

Land registry data shows two sales for 8 THE BRIARS 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 THE BRIARS 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
2021 4 MAR	£290,000	£411,150	29% below HPI
2010 20 AUG	£200,000	£272,722	27% below HPI

8 THE BRIARS 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 THE BRIARS sales from August 2010 and March 2021 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 August 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 THE BRIARS?

8 THE BRIARS is 92m² according to the EPC inspection conducted in July 2020. 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 THE BRIARS lies on this distribution: 9% of detached houses are smaller than 8 THE BRIARS, and 91% of houses are larger. Note that EPC data is not available for all properties in Magor.

8 THE BRIARS: Plot and Title Map

8 THE BRIARS sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 8 THE BRIARS, 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 THE BRIARS). 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 THE BRIARS?

8 THE BRIARS is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 8 on THE BRIARS.