OAKLANDS, ABERGAVENNY ROAD, GILWERN, ABERGAVENNY, NP7 0AB - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAKLANDS is a very small extended detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £239,358. It was last sold for £225,000 in June 2022, which was around 51% below the average June 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS 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 OAKLANDS 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
2022 23 JUN	£225,000	£457,851	51% below HPI
2015 15 MAY	£232,000	£293,999	21% below HPI

OAKLANDS 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 OAKLANDS sales from May 2015 and June 2022 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 May 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £239,358.

This is based on house price inflation of 6.4%, between June 2022 and December 2024, 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 6.4% inflationary increase is applied to the most recent sale price for OAKLANDS of £225,000 on 23rd June 2022. For the value to have increased from £225,000 to £239,358 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since June 2022.

How Large is OAKLANDS?

OAKLANDS is 79m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where OAKLANDS lies on this distribution: 8% of detached houses houses are smaller than OAKLANDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on ABERGAVENNY ROAD in GILWERN, in the NP7 postcode district. The below map shows the position of OAKLANDS on ABERGAVENNY ROAD.