1, THE RICKFIELD, MONMOUTH, NP25 3HL - £650,000

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 THE RICKFIELD is a very large extended detached house of 245m², built sometime between 1983 and 1990, which could now be worth an estimated £660,031. It was last sold for £650,000 in August 2022, which was around 36% above the average August 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

1 THE RICKFIELD Sold Prices

Land registry data shows four sales for 1 THE RICKFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 1 THE RICKFIELD 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
2022 1 AUG	£650,000	£477,164	36% above HPI
2016 27 JUN	£535,000	£308,843	73% above HPI
2002 27 NOV	£320,000	£185,454	73% above HPI
1999 27 JAN	£230,000	£111,105	107% above HPI

1 THE RICKFIELD 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 four 1 THE RICKFIELD sales between January 1999 and August 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 June 2016 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 1 THE RICKFIELD be worth now?

1 THE RICKFIELD might now be worth an estimated £660,031.

This is based on house price inflation of 1.5%, between August 2022 and May 2026, 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 1.5% inflationary increase is applied to the most recent sale price for 1 THE RICKFIELD of £650,000 on 1st August 2022. For the value to have increased from £650,000 to £660,031 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 1 THE RICKFIELD has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2022 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE RICKFIELD has not materially changed since August 2022.

How Large is 1 THE RICKFIELD?

1 THE RICKFIELD is 245m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% 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 THE RICKFIELD lies on this distribution: 96% of detached houses houses are smaller than 1 THE RICKFIELD, and 4% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

1 THE RICKFIELD: Plot and Title Map

1 THE RICKFIELD sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 1 THE RICKFIELD, 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 THE RICKFIELD). 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 THE RICKFIELD?

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