GREENACRES, SCHOOL LANE, GOVILON, ABERGAVENNY, NP7 9RH - £372,500

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.

GREENACRES is a very large extended detached house of 194m², built sometime between 1950 and 1966, which could now be worth an estimated £588,733. It was last sold for £372,500 in December 2015, which was around 20% above the average December 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES sales was for above the average price, whilst the other was 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
2015 18 DEC	£372,500	£311,293	20% above HPI
2002 11 OCT	£170,000	£181,435	6% below HPI

GREENACRES 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 GREENACRES sales from October 2002 and December 2015 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 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £588,733.

This is based on house price inflation of 58%, between December 2015 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 58% inflationary increase is applied to the most recent sale price for GREENACRES of £372,500 on 18th December 2015. For the value to have increased from £372,500 to £588,733 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2015 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since December 2015.

How Large is GREENACRES?

GREENACRES is 194m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses houses in Govilon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Govilon, and where GREENACRES lies on this distribution: 84% of detached houses houses are smaller than GREENACRES, and 16% of houses are larger. Note that EPC data is not available for all properties in Govilon.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.333 of an acre, or 1,348m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on SCHOOL LANE in GOVILON, in the NP7 postcode district. The below map shows the position of GREENACRES on SCHOOL LANE.