8, VICTORIA WAY, UNDY, CALDICOT, NP26 3NW - £395,000

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 VICTORIA WAY is a very large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £395,000 in December 2020, which was around 7% below the average December 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 VICTORIA WAY Sold Prices

Land registry data shows three sales for 8 VICTORIA WAY 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 VICTORIA WAY 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
2020 9 DEC	£395,000	£422,620	7% below HPI
2011 21 OCT	£249,950	£274,788	9% below HPI
1996 28 MAR	£82,500	£90,282	9% below HPI

8 VICTORIA 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 three 8 VICTORIA WAY sales between March 1996 and December 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 October 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 VICTORIA WAY?

8 VICTORIA WAY is 152m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Undy, based on EPC data. The below chart shows the distribution of detached houses by size in Undy, and where 8 VICTORIA WAY lies on this distribution: 85% of detached houses are smaller than 8 VICTORIA WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Undy.

8 VICTORIA WAY: Plot and Title Map

8 VICTORIA WAY sits on a plot of roughly 0.096 of an acre, or 386m². The below map shows the location of 8 VICTORIA 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 VICTORIA 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 VICTORIA WAY?

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