MONNOW LODGE, OSBASTON ROAD, MONMOUTH, NP25 3AX - £387,500

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

MONNOW LODGE is a very small detached house of 76m², built sometime before 1900. It was last sold for £387,500 in March 2024, which was around 17% below the average March 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

MONNOW LODGE Sold Prices

Land registry data shows two sales for MONNOW LODGE 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 MONNOW LODGE 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
2024 22 MAR	£387,500	£469,341	17% below HPI
1997 14 NOV	£77,000	£101,589	24% below HPI

MONNOW LODGE 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 MONNOW LODGE sales from November 1997 and March 2024 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 November 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is MONNOW LODGE?

MONNOW LODGE is 76m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where MONNOW LODGE lies on this distribution: 8% of detached houses are smaller than MONNOW LODGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

MONNOW LODGE: Plot and Title Map

MONNOW LODGE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of MONNOW LODGE, 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 MONNOW LODGE). 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 MONNOW LODGE?

MONNOW LODGE is located on OSBASTON ROAD in MONMOUTH, in the NP25 postcode district. The below map shows the position of MONNOW LODGE on OSBASTON ROAD.