GREENLANDS, HILEY AVENUE, GILWERN, ABERGAVENNY, NP7 0DW - £249,950

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.

GREENLANDS is a midsized detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £339,382. It was last sold for £249,950 in March 2018, which was around 31% below the average March 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

GREENLANDS Sold Prices

Land registry data shows two sales for GREENLANDS 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 GREENLANDS 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
2018 29 MAR	£249,950	£362,348	31% below HPI
2014 5 AUG	£170,000	£295,500	42% below HPI

GREENLANDS 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 GREENLANDS sales from August 2014 and March 2018 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might GREENLANDS be worth now?

GREENLANDS might now be worth an estimated £339,382.

This is based on house price inflation of 35.8%, between March 2018 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 35.8% inflationary increase is applied to the most recent sale price for GREENLANDS of £249,950 on 29th March 2018. For the value to have increased from £249,950 to £339,382 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of GREENLANDS has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2018 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of GREENLANDS has not materially changed since March 2018.

How Large is GREENLANDS?

GREENLANDS is 120m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where GREENLANDS lies on this distribution: 49% of detached houses houses are smaller than GREENLANDS, and 44% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

GREENLANDS: Plot and Title Map

GREENLANDS sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of GREENLANDS, 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 GREENLANDS). 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 GREENLANDS?

GREENLANDS is located on HILEY AVENUE in GILWERN, in the NP7 postcode district. The below map shows the position of GREENLANDS on HILEY AVENUE.