8A, HIGHFIELD CLOSE, MONMOUTH, NP25 3HP - £245,000

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

8A HIGHFIELD CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £245,000 in September 2018, which was around 35% below the average September 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was C.

8A HIGHFIELD CLOSE Sold Prices

Land registry data shows two sales for 8A HIGHFIELD 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 8A HIGHFIELD CLOSE 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
2018 6 SEP	£245,000	£379,413	35% below HPI
2017 28 JUL	£210,000	£335,493	37% below HPI

8A HIGHFIELD 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 8A HIGHFIELD CLOSE sales from July 2017 and September 2018 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 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8A HIGHFIELD CLOSE?

8A HIGHFIELD CLOSE is 66m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 8A HIGHFIELD CLOSE lies on this distribution: 3% of detached houses are smaller than 8A HIGHFIELD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

8A HIGHFIELD CLOSE: Plot and Title Map

8A HIGHFIELD CLOSE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 8A HIGHFIELD 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 8A HIGHFIELD 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 8A HIGHFIELD CLOSE?

8A HIGHFIELD CLOSE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 8A on HIGHFIELD CLOSE.