2, ALBION WAY, MAGOR, CALDICOT, NP26 3NY - £215,000

2 ALBION WAY is a large detached house of 136m², built sometime between 1991 and 1995. It was last sold for £215,000 in December 2013, which was around 22% below the average December 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

2 ALBION WAY Sold Prices

Land registry data shows two sales for 2 ALBION WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 2 ALBION WAY 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
2013 20 DEC	£215,000	£275,237	22% below HPI
2003 31 OCT	£187,500	£208,661	10% below HPI

2 ALBION 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 two 2 ALBION WAY sales from October 2003 and December 2013 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 October 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 ALBION WAY?

2 ALBION WAY is 136m² according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 2 ALBION WAY lies on this distribution: 67% of detached houses are smaller than 2 ALBION WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Magor.

2 ALBION WAY: Plot and Title Map

2 ALBION WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 2 ALBION 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 2 ALBION 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 2 ALBION WAY?

2 ALBION WAY is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 2 on ALBION WAY.