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

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

EMERALD COTTAGE is a midsized extended detached house of 117m², built sometime before 1900. It was last sold for £415,000 in February 2020, which was around 6% 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	£393,183	6% above HPI
2017 8 DEC	£350,000	£348,556	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 6% above the HPI. The line then continues to track at 6% above the HPI.

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 in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where EMERALD COTTAGE lies on this distribution: 46% of detached houses are smaller than EMERALD COTTAGE, and 54% 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.