OLSOTE, LLANELLEN ROAD, LLANFOIST, ABERGAVENNY, NP7 9NF - £750,000

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.

OLSOTE is a large extended detached house of 153m², built sometime between 1976 and 1982, which could now be worth an estimated £789,804. It was last sold for £750,000 in July 2022, which was around 61% above the average July 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

OLSOTE Sold Prices

Land registry data shows two sales for OLSOTE 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 OLSOTE sales was for above the average price, whilst the other was 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 20 JUL	£750,000	£467,201	61% above HPI
2001 15 JUN	£100,000	£146,129	32% below HPI

OLSOTE 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 OLSOTE sales from June 2001 and July 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 June 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2022 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might OLSOTE be worth now?

OLSOTE might now be worth an estimated £789,804.

This is based on house price inflation of 5.3%, between July 2022 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 5.3% inflationary increase is applied to the most recent sale price for OLSOTE of £750,000 on 20th July 2022. For the value to have increased from £750,000 to £789,804 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of OLSOTE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of OLSOTE has not materially changed since July 2022.

How Large is OLSOTE?

OLSOTE is 153m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses houses in Llanfoist, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanfoist, and where OLSOTE lies on this distribution: 71% of detached houses houses are smaller than OLSOTE, and 28% of houses are larger. Note that EPC data is not available for all properties in Llanfoist.

OLSOTE: Plot and Title Map

OLSOTE sits on a plot of roughly 4.1 acres, or 16,737m². The below map shows the location of OLSOTE, 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 OLSOTE). 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 OLSOTE?

OLSOTE is located on LLANELLEN ROAD in LLANFOIST, in the NP7 postcode district. The below map shows the position of OLSOTE on LLANELLEN ROAD.