3, THE GARDENS, MAGOR, CALDICOT, NP26 3HP - £225,000

3 THE GARDENS is a very small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £225,000 in August 2012, which was around 19% below the average August 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

3 THE GARDENS Sold Prices

Land registry data shows three sales for 3 THE GARDENS 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 THE GARDENS 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
2012 29 AUG	£225,000	£277,247	19% below HPI
2011 28 JAN	£249,950	£279,193	10% below HPI
1999 28 MAY	£76,000	£108,524	30% below HPI

3 THE 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 three 3 THE GARDENS sales between May 1999 and August 2012 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 January 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2012 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 THE GARDENS?

3 THE GARDENS is 98m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 3 THE GARDENS lies on this distribution: 16% of detached houses are smaller than 3 THE GARDENS, and 84% of houses are larger. Note that EPC data is not available for all properties in Magor.

3 THE GARDENS: Plot and Title Map

3 THE GARDENS sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 3 THE 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 THE 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 THE GARDENS?

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