12, BROADMEAD, GILWERN, ABERGAVENNY, NP7 0AN - £245,000

12 BROADMEAD is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2015, which was around 16% below the average May 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 BROADMEAD Sold Prices

Land registry data shows four sales for 12 BROADMEAD 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 12 BROADMEAD 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
2015 26 MAY	£245,000	£293,395	16% below HPI
2007 21 FEB	£239,450	£291,294	18% below HPI
2002 21 MAY	£128,500	£166,313	23% below HPI
1997 3 JAN	£58,000	£92,732	37% below HPI

12 BROADMEAD 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 12 BROADMEAD sales between January 1997 and May 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 February 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 BROADMEAD?

12 BROADMEAD is 88m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 12 BROADMEAD lies on this distribution: 14% of detached houses are smaller than 12 BROADMEAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

12 BROADMEAD: Plot and Title Map

12 BROADMEAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 12 BROADMEAD, 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 12 BROADMEAD). 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 12 BROADMEAD?

12 BROADMEAD is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 12 on BROADMEAD.