MERRYDOWN, NANTGAVENNY LANE, MARDY, ABERGAVENNY, NP7 6LG - £241,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MERRYDOWN is a very large detached house of 157m², built sometime between 1930 and 1949. It was last sold for £241,000 in October 2016, which was around 25% below the average October 2016 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.

MERRYDOWN Sold Prices

Land registry data shows two sales for MERRYDOWN 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 MERRYDOWN 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 25 OCT	£241,000	£321,549	25% below HPI
1996 19 APR	£62,000	£88,160	30% below HPI

MERRYDOWN 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 MERRYDOWN sales from April 1996 and October 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 April 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is MERRYDOWN?

MERRYDOWN is 157m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where MERRYDOWN lies on this distribution: 80% of detached houses are smaller than MERRYDOWN, and 19% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

MERRYDOWN: Plot and Title Map

MERRYDOWN sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of MERRYDOWN, 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 MERRYDOWN). 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 MERRYDOWN?

MERRYDOWN is located on NANTGAVENNY LANE in MARDY, in the NP7 postcode district. The below map shows the position of MERRYDOWN on NANTGAVENNY LANE.