1, CASTLE MEWS, USK, NP15 1QW - £322,500

1 CASTLE MEWS is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £322,500 in January 2022, which was around 27% below the average January 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

1 CASTLE MEWS Sold Prices

Land registry data shows three sales for 1 CASTLE MEWS 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 1 CASTLE MEWS 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
2022 6 JAN	£322,500	£441,362	27% below HPI
2021 9 APR	£145,000	£405,021	64% below HPI
2001 31 JUL	£120,000	£143,025	16% below HPI

1 CASTLE MEWS 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 1 CASTLE MEWS sales between July 2001 and January 2022 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 April 2021 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the January 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 CASTLE MEWS?

1 CASTLE MEWS is 70m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Usk, based on EPC data. The below chart shows the distribution of detached houses by size in Usk, and where 1 CASTLE MEWS lies on this distribution: 3% of detached houses are smaller than 1 CASTLE MEWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Usk.

1 CASTLE MEWS: Plot and Title Map

1 CASTLE MEWS sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 1 CASTLE MEWS, 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 1 CASTLE MEWS). 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 1 CASTLE MEWS?

1 CASTLE MEWS is located in USK, in the NP15 postcode district. The below map shows the position of No. 1 on CASTLE MEWS.