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
98 HEREFORD ROAD is a very large extended detached house of 212m², built sometime between 1950 and 1966. It was last sold for £75,000 in February 2005, which was around 70% below the average February 2005 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 98 HEREFORD ROAD since 1st 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. One of the two 98 HEREFORD ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2005 18 FEB | £75,000 | £251,359 | 70% below HPI |
1999 11 OCT | £171,500 | £115,458 | 49% above HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 98 HEREFORD ROAD sales from October 1999 and February 2005 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 1999 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2005 sale, where it falls to 70% below the HPI. The line then continues to track at 70% below the HPI.
98 HEREFORD ROAD is 212m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 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 98 HEREFORD ROAD lies on this distribution: 95% of detached houses are smaller than 98 HEREFORD ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Monmouth.
98 HEREFORD ROAD sits on a plot of roughly 0.300 of an acre, or 1,215m². The below map shows the location of 98 HEREFORD ROAD, 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 98 HEREFORD ROAD). 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.
98 HEREFORD ROAD is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 98 on HEREFORD ROAD.