LOUVAIN, NEW DIXTON ROAD, MONMOUTH, NP25 3PP - £347,500

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.

LOUVAIN is a very small detached house of 85m², built sometime from 2007 onwards, which could now be worth an estimated £550,659. It was last sold for £347,500 in May 2016, which was around 12% above the average May 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was B.

LOUVAIN Sold Prices

Land registry data shows four sales for LOUVAIN 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. Most of the four LOUVAIN 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
2016 27 MAY	£347,500	£310,480	12% above HPI
2007 14 DEC	£205,000	£304,146	33% below HPI
2006 13 FEB	£155,000	£263,905	41% below HPI
1999 16 JUL	£69,000	£112,166	38% below HPI

LOUVAIN 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 LOUVAIN sales between July 1999 and May 2016 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 December 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might LOUVAIN be worth now?

LOUVAIN might now be worth an estimated £550,659.

This is based on house price inflation of 58.5%, between May 2016 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 58.5% inflationary increase is applied to the most recent sale price for LOUVAIN of £347,500 on 27th May 2016. For the value to have increased from £347,500 to £550,659 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of LOUVAIN has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2016 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of LOUVAIN has not materially changed since May 2016.

How Large is LOUVAIN?

LOUVAIN is 85m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monmouth, and where LOUVAIN lies on this distribution: 16% of detached houses houses are smaller than LOUVAIN, and 84% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

LOUVAIN: Plot and Title Map

LOUVAIN sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of LOUVAIN, 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 LOUVAIN). 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 LOUVAIN?

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