1, GIBRALTAR DRIVE, MONMOUTH, NP25 5FE - £315,000

1 GIBRALTAR DRIVE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £315,000 in March 2015, which was around 7% above the average March 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

1 GIBRALTAR DRIVE Sold Prices

Land registry data shows two sales for 1 GIBRALTAR DRIVE 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 GIBRALTAR DRIVE 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
2015 23 MAR	£315,000	£293,451	7% above HPI
2008 6 MAY	£277,500	£268,239	3% above HPI

1 GIBRALTAR DRIVE 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 GIBRALTAR DRIVE sales from May 2008 and March 2015 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 May 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 GIBRALTAR DRIVE?

1 GIBRALTAR DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 1 GIBRALTAR DRIVE lies on this distribution: 29% of detached houses are smaller than 1 GIBRALTAR DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

1 GIBRALTAR DRIVE: Plot and Title Map

1 GIBRALTAR DRIVE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 1 GIBRALTAR DRIVE, 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 GIBRALTAR DRIVE). 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 GIBRALTAR DRIVE?

1 GIBRALTAR DRIVE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 1 on GIBRALTAR DRIVE.