2, PICKERING CLOSE, GILWERN, ABERGAVENNY, NP7 0ED - £320,000

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 PICKERING CLOSE is a midsized detached house of 120m², which could now be worth an estimated £359,158. It was last sold for £320,000 in December 2021, which was around 27% below the average December 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

2 PICKERING CLOSE Sold Prices

Land registry data shows two sales for 2 PICKERING 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. One of the two 2 PICKERING CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2021 17 DEC	£320,000	£438,355	27% below HPI
2015 30 APR	£295,000	£294,292	Close to HPI

2 PICKERING 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 PICKERING CLOSE sales from April 2015 and December 2021 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 April 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 PICKERING CLOSE be worth now?

2 PICKERING CLOSE might now be worth an estimated £359,158.

This is based on house price inflation of 12.2%, between December 2021 and February 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 12.2% inflationary increase is applied to the most recent sale price for 2 PICKERING CLOSE of £320,000 on 17th December 2021. For the value to have increased from £320,000 to £359,158 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PICKERING CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PICKERING CLOSE has not materially changed since December 2021.

How Large is 2 PICKERING CLOSE?

2 PICKERING CLOSE is 120m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 2 PICKERING CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 PICKERING CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

2 PICKERING CLOSE: Plot and Title Map

2 PICKERING CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 2 PICKERING 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 PICKERING 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 PICKERING CLOSE?

2 PICKERING CLOSE is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 2 on PICKERING CLOSE.