20, MILL REEN, UNDY, CALDICOT, NP26 3JP - £265,000

20 MILL REEN is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £265,000 in February 2017, which was around 20% below the average February 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

20 MILL REEN Sold Prices

Land registry data shows two sales for 20 MILL REEN 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 20 MILL REEN 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 3 FEB	£265,000	£330,011	20% below HPI
2004 21 MAY	£189,950	£227,296	16% below HPI

20 MILL REEN 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 20 MILL REEN sales from May 2004 and February 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 May 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 20 MILL REEN?

20 MILL REEN is 127m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 20 MILL REEN lies on this distribution: 57% of detached houses are smaller than 20 MILL REEN, and 43% of houses are larger. Note that EPC data is not available for all properties in Magor.

20 MILL REEN: Plot and Title Map

20 MILL REEN sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 20 MILL REEN, 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 20 MILL REEN). 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 20 MILL REEN?

20 MILL REEN is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 20 on MILL REEN.