2, CATHERINE CLOSE, MONMOUTH, NP25 5GD - £258,500

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.

2 CATHERINE CLOSE is a small detached house of 92m², which could now be worth an estimated £392,165. It was last sold for £258,500 in May 2017, which was around 22% below the average May 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

2 CATHERINE CLOSE Sold Prices

Land registry data shows two sales for 2 CATHERINE CLOSE 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 CATHERINE 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
2017 24 MAY	£258,500	£330,612	22% below HPI
2012 27 JUN	£219,995	£277,269	21% below HPI

2 CATHERINE CLOSE 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 CATHERINE CLOSE sales from June 2012 and May 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 June 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 CATHERINE CLOSE be worth now?

2 CATHERINE CLOSE might now be worth an estimated £392,165.

This is based on house price inflation of 51.7%, between May 2017 and October 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 51.7% inflationary increase is applied to the most recent sale price for 2 CATHERINE CLOSE of £258,500 on 24th May 2017. For the value to have increased from £258,500 to £392,165 over the seven years and seven months to October 2025, the following assumptions must hold true:

• The value of 2 CATHERINE CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2017 sale price of £258,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CATHERINE CLOSE has not materially changed since May 2017.

How Large is 2 CATHERINE CLOSE?

2 CATHERINE CLOSE is 92m² according to the EPC inspection conducted in June 2012. 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 2 CATHERINE CLOSE lies on this distribution: 22% of detached houses houses are smaller than 2 CATHERINE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

2 CATHERINE CLOSE: Plot and Title Map

2 CATHERINE CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 CATHERINE 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 2 CATHERINE 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 2 CATHERINE CLOSE?

2 CATHERINE CLOSE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 2 on CATHERINE CLOSE.