TRIBELANDS, OLD MONMOUTH ROAD, RAGLAN, USK, NP15 2JX - £300,000

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

TRIBELANDS is a very large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £300,000 in April 2004, which was around 36% above the average April 2004 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

TRIBELANDS Sold Prices

Land registry data shows two sales for TRIBELANDS 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. Both of the two TRIBELANDS 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
2004 1 APR	£300,000	£220,775	36% above HPI
2003 14 NOV	£250,000	£208,596	20% above HPI

TRIBELANDS 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 TRIBELANDS sales from November 2003 and April 2004 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2004 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is TRIBELANDS?

TRIBELANDS is 176m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where TRIBELANDS lies on this distribution: 92% of detached houses are smaller than TRIBELANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Raglan.

TRIBELANDS: Plot and Title Map

TRIBELANDS sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of TRIBELANDS, 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 TRIBELANDS). 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 TRIBELANDS?

TRIBELANDS is located on OLD MONMOUTH ROAD in RAGLAN, in the NP15 postcode district. The below map shows the position of TRIBELANDS on OLD MONMOUTH ROAD.