3, PRIORY GARDENS, MAGOR, CALDICOT, NP26 3HL - £370,000

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.

3 PRIORY GARDENS is a very large extended detached house of 195m², built sometime between 2003 and 2006, which could now be worth an estimated £568,832. It was last sold for £370,000 in February 2016, which was around 17% above the average February 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

3 PRIORY GARDENS Sold Prices

Land registry data shows two sales for 3 PRIORY GARDENS 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 3 PRIORY GARDENS sales were 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
2016 10 FEB	£370,000	£315,164	17% above HPI
2005 25 FEB	£297,000	£251,876	18% above HPI

3 PRIORY GARDENS 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 3 PRIORY GARDENS sales from February 2005 and February 2016 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 February 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 PRIORY GARDENS be worth now?

3 PRIORY GARDENS might now be worth an estimated £568,832.

This is based on house price inflation of 53.7%, between February 2016 and May 2026, 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 53.7% inflationary increase is applied to the most recent sale price for 3 PRIORY GARDENS of £370,000 on 10th February 2016. For the value to have increased from £370,000 to £568,832 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 PRIORY GARDENS has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The February 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY GARDENS has not materially changed since February 2016.

How Large is 3 PRIORY GARDENS?

3 PRIORY GARDENS is 195m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 3 PRIORY GARDENS lies on this distribution: 95% of detached houses houses are smaller than 3 PRIORY GARDENS, and 5% of houses are larger. Note that EPC data is not available for all properties in Magor.

3 PRIORY GARDENS: Plot and Title Map

3 PRIORY GARDENS sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 3 PRIORY GARDENS, 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 PRIORY GARDENS). 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 PRIORY GARDENS?

3 PRIORY GARDENS is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 3 on PRIORY GARDENS.