WELL COTTAGE, DEVAUDEN, CHEPSTOW, NP16 6NX - £475,000

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

WELL COTTAGE is a midsized extended detached house of 135m², built sometime before 1900. It was last sold for £475,000 in December 2017, which was around 36% above the average December 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

WELL COTTAGE Sold Prices

Land registry data shows four sales for WELL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four WELL COTTAGE 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
2017 20 DEC	£475,000	£348,556	36% above HPI
2010 10 DEC	£350,000	£280,326	25% above HPI
1998 30 OCT	£149,000	£110,832	34% above HPI
1997 5 SEP	£129,950	£101,811	28% above HPI

WELL 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 four WELL COTTAGE sales between September 1997 and December 2017 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 December 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2017 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is WELL COTTAGE?

WELL COTTAGE is 135m², which includes four extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Devauden, based on EPC data. The below chart shows the distribution of detached houses by size in Devauden, and where WELL COTTAGE lies on this distribution: 42% of detached houses are smaller than WELL COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Devauden.

WELL COTTAGE: Plot and Title Map

WELL COTTAGE sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of WELL 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 WELL 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 WELL COTTAGE?

WELL COTTAGE is located in DEVAUDEN, in the NP16 postcode district. The below map shows the position of WELL COTTAGE in DEVAUDEN.