PRIORY BANK, NEW DIXTON ROAD, MONMOUTH, NP25 3PR - £569,000

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.

PRIORY BANK is a very large extended semi-detached house of 159m², built sometime before 1900, which could now be worth an estimated £768,109. It was last sold for £569,000 in July 2018, which was around 159% above the average July 2018 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

PRIORY BANK Sold Prices

Land registry data shows two sales for PRIORY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two PRIORY BANK sales 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
2018 6 JUL	£569,000	£219,397	159% above HPI
2013 16 AUG	£490,000	£163,340	200% above HPI

PRIORY BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two PRIORY BANK sales from August 2013 and July 2018 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 August 2013 sale was for 200% above the HPI. So the extrapolation line tracks at 200% above the HPI over time, until the July 2018 sale, where it falls to 159% above the HPI. The line then continues to track at 159% above the HPI.

What might PRIORY BANK be worth now?

PRIORY BANK might now be worth an estimated £768,109.

This is based on house price inflation of 35%, between July 2018 and February 2025, for semi-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 35% inflationary increase is applied to the most recent sale price for PRIORY BANK of £569,000 on 6th July 2018. For the value to have increased from £569,000 to £768,109 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of PRIORY BANK has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The July 2018 sale price of £569,000 represented a fair market value for the property.
• The size, condition, and specification of PRIORY BANK has not materially changed since July 2018.

How Large is PRIORY BANK?

PRIORY BANK is 159m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of semi-detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Monmouth, and where PRIORY BANK lies on this distribution: 80% of semi-detached houses houses are smaller than PRIORY BANK, and 19% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

PRIORY BANK: Plot and Title Map

PRIORY BANK sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of PRIORY BANK, 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 PRIORY BANK). 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 PRIORY BANK?

PRIORY BANK is located on NEW DIXTON ROAD in MONMOUTH, in the NP25 postcode district. The below map shows the position of PRIORY BANK on NEW DIXTON ROAD.