1, DUCHESS CLOSE, OSBASTON, MONMOUTH, NP25 3JL - £315,000

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.

1 DUCHESS CLOSE is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £374,875. It was last sold for £315,000 in June 2021, which was around 23% below the average June 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

1 DUCHESS CLOSE Sold Prices

Land registry data shows two sales for 1 DUCHESS CLOSE 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 1 DUCHESS CLOSE 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
2021 11 JUN	£315,000	£411,447	23% below HPI
2017 8 DEC	£210,000	£349,273	40% below HPI

1 DUCHESS CLOSE 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 1 DUCHESS CLOSE sales from December 2017 and June 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 December 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 DUCHESS CLOSE be worth now?

1 DUCHESS CLOSE might now be worth an estimated £374,875.

This is based on house price inflation of 19%, between June 2021 and June 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% inflationary increase is applied to the most recent sale price for 1 DUCHESS CLOSE of £315,000 on 11th June 2021. For the value to have increased from £315,000 to £374,875 over the four years to June 2025, the following assumptions must hold true:

• The value of 1 DUCHESS CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DUCHESS CLOSE has not materially changed since June 2021.

How Large is 1 DUCHESS CLOSE?

1 DUCHESS CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monmouth, and where 1 DUCHESS CLOSE lies on this distribution: 17% of detached houses houses are smaller than 1 DUCHESS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

1 DUCHESS CLOSE: Plot and Title Map

1 DUCHESS CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 1 DUCHESS CLOSE, 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 DUCHESS CLOSE). 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 DUCHESS CLOSE?

1 DUCHESS CLOSE is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 1 on DUCHESS CLOSE.