15, PROSPECT ROAD, OSBASTON, MONMOUTH, NP25 3SZ - £360,000

15 PROSPECT ROAD is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £360,000 in October 2017, which was around 3% above the average October 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

15 PROSPECT ROAD Sold Prices

Land registry data shows four sales for 15 PROSPECT ROAD 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. two of the four 15 PROSPECT ROAD sales were for above the average price, and four 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
2017 23 OCT	£360,000	£349,303	3% above HPI
2008 11 APR	£330,000	£273,302	21% above HPI
2004 9 AUG	£205,000	£245,756	17% below HPI
2002 20 MAY	£132,000	£166,313	21% below HPI

15 PROSPECT ROAD 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 15 PROSPECT ROAD sales between May 2002 and October 2017 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 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2017 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 15 PROSPECT ROAD?

15 PROSPECT ROAD is 110m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 15 PROSPECT ROAD lies on this distribution: 40% of detached houses are smaller than 15 PROSPECT ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

15 PROSPECT ROAD: Plot and Title Map

15 PROSPECT ROAD sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 15 PROSPECT ROAD, 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 15 PROSPECT ROAD). 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 15 PROSPECT ROAD?

15 PROSPECT ROAD is located in OSBASTON, in the NP25 postcode district. The below map shows the position of No. 15 on PROSPECT ROAD.