16, LEA CLOSE, UNDY, CALDICOT, NP26 3JX - £86,500

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.

16 LEA CLOSE is a very small extended terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £229,483. It was last sold for £86,500 in June 2003, which was around 1% below the average June 2003 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

16 LEA CLOSE Sold Prices

Land registry data shows seven sales for 16 LEA CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. Most of the seven 16 LEA CLOSE 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
2003 24 JUN	£86,500	£87,769	1% below HPI
2002 28 MAR	£67,500	£66,763	1% above HPI
2000 8 AUG	£46,000	£55,330	17% below HPI
1999 7 MAY	£41,000	£47,887	14% below HPI
1997 6 JUN	£37,750	£43,795	14% below HPI
1996 20 DEC	£39,000	£41,339	6% below HPI
1995 23 FEB	£39,000	£41,285	6% below HPI

16 LEA 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 seven 16 LEA CLOSE sales between February 1995 and June 2003 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 March 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2003 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 LEA CLOSE be worth now?

16 LEA CLOSE might now be worth an estimated £229,483.

This is based on house price inflation of 165.3%, between June 2003 and June 2025, 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 165.3% inflationary increase is applied to the most recent sale price for 16 LEA CLOSE of £86,500 on 24th June 2003. For the value to have increased from £86,500 to £229,483 over the 22 years to June 2025, the following assumptions must hold true:

• The value of 16 LEA CLOSE has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The June 2003 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LEA CLOSE has not materially changed since June 2003.

How Large is 16 LEA CLOSE?

16 LEA CLOSE is 55m², which includes one extension, according to the EPC inspection conducted in December 2019. 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 16 LEA CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 16 LEA CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Undy.

16 LEA CLOSE: Plot and Title Map

16 LEA CLOSE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 16 LEA 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 16 LEA 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 16 LEA CLOSE?

16 LEA CLOSE is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 16 on LEA CLOSE.