HIGH OAK, PROSPECT ROAD, OSBASTON, MONMOUTH, NP25 3SZ - £550,000

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

HIGH OAK is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £550,000 in September 2021, which was around 27% above the average September 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

HIGH OAK Sold Prices

Land registry data shows three sales for HIGH OAK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. The three HIGH OAK sales were a mix of above the average price, and 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
2021 30 SEP	£550,000	£431,459	27% above HPI
2014 25 APR	£365,000	£281,792	30% above HPI
2006 14 DEC	£285,000	£284,758	Close to HPI

HIGH OAK 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 three HIGH OAK sales between December 2006 and September 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 April 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is HIGH OAK?

HIGH OAK is 137m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where HIGH OAK lies on this distribution: 64% of detached houses are smaller than HIGH OAK, and 35% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

HIGH OAK: Plot and Title Map

HIGH OAK sits on a plot of roughly 0.248 of an acre, or 1,005m². The below map shows the location of HIGH OAK, 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 HIGH OAK). 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 HIGH OAK?

HIGH OAK is located on PROSPECT ROAD in OSBASTON, in the NP25 postcode district. The below map shows the position of HIGH OAK on PROSPECT ROAD.