2, NEW SCHOOL ROAD, GILWERN, ABERGAVENNY, NP7 0AX - £295,000

2 NEW SCHOOL ROAD is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £295,000 in March 2018, which was around 18% below the average March 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2 NEW SCHOOL ROAD Sold Prices

Land registry data shows two sales for 2 NEW SCHOOL ROAD 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. One of the two 2 NEW SCHOOL ROAD sales was for below the average price, whilst the other was for above 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
2018 1 MAR	£295,000	£361,605	18% below HPI
2005 18 JUL	£268,000	£266,256	1% above HPI

2 NEW SCHOOL 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 two 2 NEW SCHOOL ROAD sales from July 2005 and March 2018 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 July 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 NEW SCHOOL ROAD?

2 NEW SCHOOL ROAD is 108m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 2 NEW SCHOOL ROAD lies on this distribution: 32% of detached houses are smaller than 2 NEW SCHOOL ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

2 NEW SCHOOL ROAD: Plot and Title Map

2 NEW SCHOOL ROAD sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 2 NEW SCHOOL 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 2 NEW SCHOOL 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 2 NEW SCHOOL ROAD?

2 NEW SCHOOL ROAD is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 2 on NEW SCHOOL ROAD.