ROSE COTTAGE, CHAPEL LANE, PWLLMEYRIC, CHEPSTOW, NP16 6JU - £437,500

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

ROSE COTTAGE is a very small detached house of 113m², which could now be worth an estimated £435,113. It was last sold for £437,500 in October 2024, which was around 11% below the average October 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows six sales for ROSE COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Most of the six ROSE COTTAGE 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 9 OCT	£437,500	£489,740	11% below HPI
2017 22 MAY	£360,000	£330,612	9% above HPI
2016 24 MAR	£175,000	£313,905	44% below HPI
2006 31 MAR	£165,000	£266,630	38% below HPI
2005 9 MAY	£257,000	£261,856	2% below HPI
1997 5 NOV	£94,000	£101,798	8% below HPI

ROSE COTTAGE 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 six ROSE COTTAGE sales between November 1997 and October 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 May 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might ROSE COTTAGE be worth now?

ROSE COTTAGE might now be worth an estimated £435,113.

This is based on house price deflation of 0.5%, between October 2024 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 0.5% deflationary decrease is applied to the most recent sale price for ROSE COTTAGE of £437,500 on 9th October 2024. For the value to have decreased from £437,500 to £435,113 over the ten months to December 2024, the following assumptions must hold true:

• The value of ROSE COTTAGE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The October 2024 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of ROSE COTTAGE has not materially changed since October 2024.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 113m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses houses in Pwllmeyric, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pwllmeyric, and where ROSE COTTAGE lies on this distribution: 10% of detached houses houses are smaller than ROSE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Pwllmeyric.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of ROSE COTTAGE, 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 ROSE COTTAGE). 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 ROSE COTTAGE?

ROSE COTTAGE is located on CHAPEL LANE in PWLLMEYRIC, in the NP16 postcode district. The below map shows the position of ROSE COTTAGE on CHAPEL LANE.