11, MILL COMMON, UNDY, CALDICOT, NP26 3JH - £358,000

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.

11 MILL COMMON is a small detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £350,339. It was last sold for £358,000 in October 2023, which was around 27% below the average October 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

11 MILL COMMON Sold Prices

Land registry data shows four sales for 11 MILL COMMON 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 11 MILL COMMON 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
2023 12 OCT	£358,000	£489,912	27% below HPI
2017 12 APR	£265,000	£334,556	21% below HPI
2007 12 JAN	£210,000	£287,171	27% below HPI
2002 14 JUN	£119,950	£167,534	28% below HPI

11 MILL COMMON 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 11 MILL COMMON sales between June 2002 and October 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 April 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 11 MILL COMMON be worth now?

11 MILL COMMON might now be worth an estimated £350,339.

This is based on house price deflation of 2.1%, between October 2023 and April 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 2.1% deflationary decrease is applied to the most recent sale price for 11 MILL COMMON of £358,000 on 12th October 2023. For the value to have decreased from £358,000 to £350,339 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 11 MILL COMMON has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The October 2023 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MILL COMMON has not materially changed since October 2023.

How Large is 11 MILL COMMON?

11 MILL COMMON is 108m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 11 MILL COMMON lies on this distribution: 29% of detached houses houses are smaller than 11 MILL COMMON, and 69% of houses are larger. Note that EPC data is not available for all properties in Magor.

11 MILL COMMON: Plot and Title Map

11 MILL COMMON sits on a plot of roughly 6.5 acres, or 26,403m². The below map shows the location of 11 MILL COMMON, 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 11 MILL COMMON). 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 11 MILL COMMON?

11 MILL COMMON is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 11 on MILL COMMON.