CARRIG, HADNOCK ROAD, MONMOUTH, NP25 3NG - £237,500

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

CARRIG is a large extended detached house of 138m², built sometime between 2003 and 2006. It was last sold for £237,500 in June 2012, which was around 14% below the average June 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

CARRIG Sold Prices

Land registry data shows five sales for CARRIG since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five CARRIG 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
2012 29 JUN	£237,500	£276,700	14% below HPI
2010 16 DEC	£220,000	£280,326	22% below HPI
2006 21 JUN	£80,000	£280,198	71% below HPI
2006 9 JUN	£240,000	£280,198	14% below HPI
2004 13 MAY	£140,000	£227,296	38% below HPI

CARRIG 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 five CARRIG sales between May 2004 and June 2012 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 December 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2012 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CARRIG?

CARRIG is 138m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where CARRIG lies on this distribution: 65% of detached houses are smaller than CARRIG, and 35% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

CARRIG: Plot and Title Map

CARRIG sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of CARRIG, 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 CARRIG). 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 CARRIG?

CARRIG is located on HADNOCK ROAD in MONMOUTH, in the NP25 postcode district. The below map shows the position of CARRIG on HADNOCK ROAD.