3, ELM DRIVE, MONMOUTH, NP25 5FF - £78,500

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.

3 ELM DRIVE is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £289,190. It was last sold for £78,500 in January 2001, which was around 41% below the average January 2001 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

3 ELM DRIVE Sold Prices

Land registry data shows three sales for 3 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 3 ELM DRIVE 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
2001 19 JAN	£78,500	£132,916	41% below HPI
1998 20 MAR	£63,000	£103,230	39% below HPI
1996 25 OCT	£54,500	£94,432	42% below HPI

3 ELM DRIVE 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 three 3 ELM DRIVE sales between October 1996 and January 2001 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 March 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2001 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 ELM DRIVE be worth now?

3 ELM DRIVE might now be worth an estimated £289,190.

This is based on house price inflation of 268.4%, between January 2001 and June 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 268.4% inflationary increase is applied to the most recent sale price for 3 ELM DRIVE of £78,500 on 19th January 2001. For the value to have increased from £78,500 to £289,190 over the 23 years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 ELM DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The January 2001 sale price of £78,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ELM DRIVE has not materially changed since January 2001.

How Large is 3 ELM DRIVE?

3 ELM DRIVE is 67m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 3 ELM DRIVE lies on this distribution: 4% of detached houses houses are smaller than 3 ELM DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

3 ELM DRIVE: Plot and Title Map

3 ELM DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 ELM DRIVE, 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 3 ELM DRIVE). 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 3 ELM DRIVE?

3 ELM DRIVE is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 3 on ELM DRIVE.