GRAIG VIEW, GROSMONT, ABERGAVENNY, NP7 8ET - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GRAIG VIEW is a very small extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £523,022. It was last sold for £465,000 in November 2021, which was around 6% above the average November 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was A.

GRAIG VIEW Sold Prices

Land registry data shows two sales for GRAIG VIEW 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 GRAIG VIEW sales were 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
2021 15 NOV	£465,000	£437,416	6% above HPI
2019 16 AUG	£500,000	£392,380	27% above HPI

GRAIG VIEW 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 GRAIG VIEW sales from August 2019 and November 2021 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 August 2019 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might GRAIG VIEW be worth now?

GRAIG VIEW might now be worth an estimated £523,022.

This is based on house price inflation of 12.5%, between November 2021 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 12.5% inflationary increase is applied to the most recent sale price for GRAIG VIEW of £465,000 on 15th November 2021. For the value to have increased from £465,000 to £523,022 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of GRAIG VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of GRAIG VIEW has not materially changed since November 2021.

How Large is GRAIG VIEW?

GRAIG VIEW is 117m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in Grosmont, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grosmont, and where GRAIG VIEW lies on this distribution: 15% of detached houses houses are smaller than GRAIG VIEW, and 85% of houses are larger. Note that EPC data is not available for all properties in Grosmont.

GRAIG VIEW: Plot and Title Map

GRAIG VIEW sits on a plot of roughly 0.418 of an acre, or 1,690m². The below map shows the location of GRAIG VIEW, 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 GRAIG VIEW). 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 GRAIG VIEW?

GRAIG VIEW is located in GROSMONT, in the NP7 postcode district. The below map shows the position of GRAIG VIEW in GROSMONT.