EMERALD COTTAGE, MONMOUTH ROAD, RAGLAN, USK, NP15 2EU - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

EMERALD COTTAGE is a midsized extended detached house of 117m², built sometime before 1900, which could now be worth an estimated £518,231. It was last sold for £415,000 in February 2020, which was around 5% above the average February 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

EMERALD COTTAGE Sold Prices

Land registry data shows two sales for EMERALD COTTAGE 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. One of the two EMERALD COTTAGE sales was for above the average price, whilst the other was roughly equal to 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 14 FEB	£415,000	£393,991	5% above HPI
2017 8 DEC	£350,000	£349,273	Close to HPI

EMERALD COTTAGE 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 EMERALD COTTAGE sales from December 2017 and February 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 December 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might EMERALD COTTAGE be worth now?

EMERALD COTTAGE might now be worth an estimated £518,231.

This is based on house price inflation of 24.9%, between February 2020 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for EMERALD COTTAGE of £415,000 on 14th February 2020. For the value to have increased from £415,000 to £518,231 over the five years to February 2025, the following assumptions must hold true:

• The value of EMERALD COTTAGE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The February 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of EMERALD COTTAGE has not materially changed since February 2020.

How Large is EMERALD COTTAGE?

EMERALD COTTAGE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raglan, and where EMERALD COTTAGE lies on this distribution: 44% of detached houses houses are smaller than EMERALD COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Raglan.

EMERALD COTTAGE: Plot and Title Map

EMERALD COTTAGE sits on a plot of roughly 0.394 of an acre, or 1,596m². The below map shows the location of EMERALD COTTAGE, 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 EMERALD COTTAGE). 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 EMERALD COTTAGE?

EMERALD COTTAGE is located on MONMOUTH ROAD in RAGLAN, in the NP15 postcode district. The below map shows the position of EMERALD COTTAGE on MONMOUTH ROAD.