8, THE NEWLANDS, MARDY, ABERGAVENNY, NP7 6HJ - £265,000

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 NEWLANDS is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £265,000 in April 2022, which was around 42% below the average April 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 THE NEWLANDS Sold Prices

Land registry data shows two sales for 8 THE NEWLANDS 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 NEWLANDS 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
2022 22 APR	£265,000	£458,505	42% below HPI
1995 21 JUL	£72,000	£88,129	18% below HPI

8 THE NEWLANDS 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 NEWLANDS sales from July 1995 and April 2022 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 July 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 THE NEWLANDS?

8 THE NEWLANDS is 84m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where 8 THE NEWLANDS lies on this distribution: 13% of detached houses are smaller than 8 THE NEWLANDS, and 85% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

8 THE NEWLANDS: Plot and Title Map

8 THE NEWLANDS sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 THE NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

8 THE NEWLANDS is located in MARDY, in the NP7 postcode district. The below map shows the position of No. 8 on THE NEWLANDS.