10, LAUREL CLOSE, UNDY, CALDICOT, NP26 3NP - £223,000

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.

10 LAUREL CLOSE is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £231,908. It was last sold for £223,000 in April 2023, which was around 1% above the average April 2023 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

10 LAUREL CLOSE Sold Prices

Land registry data shows five sales for 10 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. Most of the five 10 LAUREL CLOSE 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
2023 24 APR	£223,000	£220,003	1% above HPI
2007 20 DEC	£137,000	£149,192	8% below HPI
2003 12 DEC	£97,500	£96,811	1% above HPI
2002 5 APR	£72,950	£68,464	7% above HPI
1997 19 DEC	£45,000	£44,441	1% above HPI

10 LAUREL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 10 LAUREL CLOSE sales between December 1997 and April 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 December 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 LAUREL CLOSE be worth now?

10 LAUREL CLOSE might now be worth an estimated £231,908.

This is based on house price inflation of 4%, between April 2023 and April 2026, for terraced 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 4% inflationary increase is applied to the most recent sale price for 10 LAUREL CLOSE of £223,000 on 24th April 2023. For the value to have increased from £223,000 to £231,908 over the three years to April 2026, the following assumptions must hold true:

• The value of 10 LAUREL CLOSE has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The April 2023 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LAUREL CLOSE has not materially changed since April 2023.

How Large is 10 LAUREL CLOSE?

10 LAUREL CLOSE is 58m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of terraced houses houses in Undy, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Undy, and where 10 LAUREL CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 10 LAUREL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Undy.

10 LAUREL CLOSE: Plot and Title Map

10 LAUREL CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 10 LAUREL 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 10 LAUREL 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 10 LAUREL CLOSE?

10 LAUREL CLOSE is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 10 on LAUREL CLOSE.