GRENADENES, USK ROAD, RAGLAN, USK, NP15 2HJ - £495,000

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.

GRENADENES is a very large extended detached house of 174m², built sometime between 1983 and 1990, which could now be worth an estimated £632,292. It was last sold for £495,000 in March 2019, which was around 29% above the average March 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

GRENADENES Sold Prices

Land registry data shows four sales for GRENADENES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four GRENADENES 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
2019 15 MAR	£495,000	£385,167	29% above HPI
2011 28 OCT	£310,000	£275,354	13% above HPI
2005 14 NOV	£310,000	£267,439	16% above HPI
2001 9 AUG	£207,000	£143,825	44% above HPI

GRENADENES 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 four GRENADENES sales between August 2001 and March 2019 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 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2019 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might GRENADENES be worth now?

GRENADENES might now be worth an estimated £632,292.

This is based on house price inflation of 27.7%, between March 2019 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 27.7% inflationary increase is applied to the most recent sale price for GRENADENES of £495,000 on 15th March 2019. For the value to have increased from £495,000 to £632,292 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of GRENADENES has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of GRENADENES has not materially changed since March 2019.

How Large is GRENADENES?

GRENADENES is 174m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% 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 GRENADENES lies on this distribution: 89% of detached houses houses are smaller than GRENADENES, and 8% of houses are larger. Note that EPC data is not available for all properties in Raglan.

GRENADENES: Plot and Title Map

GRENADENES sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of GRENADENES, 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 GRENADENES). 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 GRENADENES?

GRENADENES is located on USK ROAD in RAGLAN, in the NP15 postcode district. The below map shows the position of GRENADENES on USK ROAD.