2, NEW MARKET STREET, USK, NP15 1AT - £390,000

2 NEW MARKET STREET is a very small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £390,000 in July 2022, which was around 21% below the average July 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

2 NEW MARKET STREET Sold Prices

Land registry data shows two sales for 2 NEW MARKET STREET 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 NEW MARKET STREET 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
2022 1 JUL	£390,000	£491,652	21% below HPI
2001 1 JUN	£70,350	£145,829	52% below HPI

2 NEW MARKET STREET 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 NEW MARKET STREET sales from June 2001 and July 2022 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 2001 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 NEW MARKET STREET?

2 NEW MARKET STREET is 83m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Usk, based on EPC data. The below chart shows the distribution of detached houses by size in Usk, and where 2 NEW MARKET STREET lies on this distribution: 6% of detached houses are smaller than 2 NEW MARKET STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Usk.

2 NEW MARKET STREET: Plot and Title Map

2 NEW MARKET STREET sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 NEW MARKET STREET, 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 NEW MARKET STREET). 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 NEW MARKET STREET?

2 NEW MARKET STREET is located in USK, in the NP15 postcode district. The below map shows the position of No. 2 on NEW MARKET STREET.