WREKIN, PROSPECT ROAD, OSBASTON, MONMOUTH, NP25 3SZ - £415,000

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

WREKIN is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £415,000 in September 2023, which was around 15% below the average September 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

WREKIN Sold Prices

Land registry data shows two sales for WREKIN 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 WREKIN 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
2023 20 SEP	£415,000	£488,529	15% below HPI
2004 14 JUN	£174,000	£235,151	26% below HPI

WREKIN 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 WREKIN sales from June 2004 and September 2023 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 June 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is WREKIN?

WREKIN is 89m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where WREKIN lies on this distribution: 18% of detached houses are smaller than WREKIN, and 80% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

WREKIN: Plot and Title Map

WREKIN sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of WREKIN, 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 WREKIN). 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 WREKIN?

WREKIN is located on PROSPECT ROAD in OSBASTON, in the NP25 postcode district. The below map shows the position of WREKIN on PROSPECT ROAD.