PICKET POST, LOWER PROSPECT ROAD, OSBASTON, MONMOUTH, NP25 3HS - £476,500

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

PICKET POST is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £476,500 in February 2023, which was around 1% below the average February 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

PICKET POST Sold Prices

Land registry data shows three sales for PICKET POST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. One of the three PICKET POST sales was for below the average price, whilst two were 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
2023 23 FEB	£476,500	£481,935	1% below HPI
2006 24 NOV	£297,950	£279,856	6% above HPI
2003 7 AUG	£208,000	£199,185	4% above HPI

PICKET POST 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 three PICKET POST sales between August 2003 and February 2023 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 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is PICKET POST?

PICKET POST is 125m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where PICKET POST lies on this distribution: 53% of detached houses are smaller than PICKET POST, and 47% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

PICKET POST: Plot and Title Map

PICKET POST sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of PICKET POST, 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 PICKET POST). 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 PICKET POST?

PICKET POST is located on LOWER PROSPECT ROAD in OSBASTON, in the NP25 postcode district. The below map shows the position of PICKET POST on LOWER PROSPECT ROAD.