WELL FARM, GROSMONT, ABERGAVENNY, NP7 8EP - £455,000

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.

WELL FARM is a large extended detached house of 199m², built sometime before 1900, which could now be worth an estimated £543,350. It was last sold for £455,000 in March 2021, which was around 10% above the average March 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

WELL FARM Sold Prices

Land registry data shows three sales for WELL FARM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three WELL FARM 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
2021 19 MAR	£455,000	£411,996	10% above HPI
2015 4 SEP	£320,000	£302,423	6% above HPI
2014 11 JUL	£320,000	£285,882	12% above HPI

WELL FARM 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 three WELL FARM sales between July 2014 and March 2021 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 September 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might WELL FARM be worth now?

WELL FARM might now be worth an estimated £543,350.

This is based on house price inflation of 19.4%, between March 2021 and February 2025, 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 19.4% inflationary increase is applied to the most recent sale price for WELL FARM of £455,000 on 19th March 2021. For the value to have increased from £455,000 to £543,350 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of WELL FARM has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of WELL FARM has not materially changed since March 2021.

How Large is WELL FARM?

WELL FARM is 199m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses houses in Grosmont, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grosmont, and where WELL FARM lies on this distribution: 73% of detached houses houses are smaller than WELL FARM, and 27% of houses are larger. Note that EPC data is not available for all properties in Grosmont.

WELL FARM: Plot and Title Map

WELL FARM sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of WELL FARM, 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 FARM). 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 FARM?

WELL FARM is located in GROSMONT, in the NP7 postcode district. The below map shows the position of WELL FARM in GROSMONT.