MAGNOLIA HOUSE, CRICKHOWELL ROAD, GILWERN, ABERGAVENNY, NP7 0DG - £328,000

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

MAGNOLIA HOUSE is a small detached house of 110m², built sometime between 2003 and 2006. It was last sold for £328,000 in October 2017, which was around 6% below the average October 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA HOUSE Sold Prices

Land registry data shows two sales for MAGNOLIA HOUSE 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. One of the two MAGNOLIA HOUSE sales was for below the average price, whilst the other was 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
2017 12 OCT	£328,000	£349,303	6% below HPI
2008 3 SEP	£315,000	£282,450	12% above HPI

MAGNOLIA HOUSE 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 MAGNOLIA HOUSE sales from September 2008 and October 2017 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 September 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is MAGNOLIA HOUSE?

MAGNOLIA HOUSE is 110m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where MAGNOLIA HOUSE lies on this distribution: 34% of detached houses are smaller than MAGNOLIA HOUSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

MAGNOLIA HOUSE: Plot and Title Map

MAGNOLIA HOUSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of MAGNOLIA HOUSE, 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 MAGNOLIA HOUSE). 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 MAGNOLIA HOUSE?

MAGNOLIA HOUSE is located on CRICKHOWELL ROAD in GILWERN, in the NP7 postcode district. The below map shows the position of MAGNOLIA HOUSE on CRICKHOWELL ROAD.