14, LANCASTER WAY, OSBASTON, MONMOUTH, NP25 3BE - £295,000

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.

14 LANCASTER WAY is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £464,027. It was last sold for £295,000 in December 2015, which was around 5% below the average December 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

14 LANCASTER WAY Sold Prices

Land registry data shows three sales for 14 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Two of the three 14 LANCASTER WAY sales were for below the average price, whilst one was 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 22 DEC	£295,000	£311,293	5% below HPI
2013 1 NOV	£285,000	£268,818	6% above HPI
2006 16 JUN	£262,000	£280,775	7% below HPI

14 LANCASTER WAY 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 three 14 LANCASTER WAY sales between June 2006 and December 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 November 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 14 LANCASTER WAY be worth now?

14 LANCASTER WAY might now be worth an estimated £464,027.

This is based on house price inflation of 57.3%, between December 2015 and June 2025, 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 57.3% inflationary increase is applied to the most recent sale price for 14 LANCASTER WAY of £295,000 on 22nd December 2015. For the value to have increased from £295,000 to £464,027 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 14 LANCASTER WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LANCASTER WAY has not materially changed since December 2015.

How Large is 14 LANCASTER WAY?

14 LANCASTER WAY is 99m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% 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 14 LANCASTER WAY lies on this distribution: 26% of detached houses houses are smaller than 14 LANCASTER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

14 LANCASTER WAY: Plot and Title Map

14 LANCASTER WAY sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 14 LANCASTER WAY, 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 14 LANCASTER WAY). 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 14 LANCASTER WAY?

14 LANCASTER WAY is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 14 on LANCASTER WAY.