THE GLEN, CHEPSTOW ROAD, RAGLAN, USK, NP15 2EN - £159,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE GLEN is a very large extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £159,000 in March 2002, which was around 3% above the average March 2002 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

THE GLEN Sold Prices

Land registry data shows two sales for THE GLEN 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 THE GLEN 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
2002 28 MAR	£159,000	£155,077	3% above HPI
1997 26 NOV	£90,000	£101,589	11% below HPI

THE GLEN 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 THE GLEN sales from November 1997 and March 2002 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 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2002 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is THE GLEN?

THE GLEN is 150m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where THE GLEN lies on this distribution: 82% of detached houses are smaller than THE GLEN, and 17% of houses are larger. Note that EPC data is not available for all properties in Raglan.

THE GLEN: Plot and Title Map

THE GLEN sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of THE GLEN, 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 THE GLEN). 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 THE GLEN?

THE GLEN is located on CHEPSTOW ROAD in RAGLAN, in the NP15 postcode district. The below map shows the position of THE GLEN on CHEPSTOW ROAD.