LANCASTERS, NEW DIXTON ROAD, MONMOUTH, NP25 3PP - £350,000

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

LANCASTERS is a large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £350,000 in December 2014, which was around 15% above the average December 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

LANCASTERS Sold Prices

Land registry data shows two sales for LANCASTERS 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 LANCASTERS 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
2014 4 DEC	£350,000	£305,112	15% above HPI
2004 19 JUL	£302,000	£238,707	27% above HPI

LANCASTERS 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 LANCASTERS sales from July 2004 and December 2014 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 July 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is LANCASTERS?

LANCASTERS is 135m², which includes one extension, according to the EPC inspection conducted in February 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 LANCASTERS lies on this distribution: 62% of detached houses are smaller than LANCASTERS, and 38% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

LANCASTERS: Plot and Title Map

LANCASTERS sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of LANCASTERS, 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 LANCASTERS). 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 LANCASTERS?

LANCASTERS is located on NEW DIXTON ROAD in MONMOUTH, in the NP25 postcode district. The below map shows the position of LANCASTERS on NEW DIXTON ROAD.