38, COWLEAZE, MAGOR, CALDICOT, NP26 3LE - £390,000

38 COWLEAZE is a small extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £390,000 in June 2022, which was around 20% below the average June 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

38 COWLEAZE Sold Prices

Land registry data shows three sales for 38 COWLEAZE 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. One of the three 38 COWLEAZE sales was for below the average price, whilst two 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
2022 30 JUN	£390,000	£486,844	20% below HPI
2001 2 MAR	£145,000	£135,526	7% above HPI
1997 24 OCT	£109,995	£103,453	6% above HPI

38 COWLEAZE 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 38 COWLEAZE sales between October 1997 and June 2022 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 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 COWLEAZE?

38 COWLEAZE is 107m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 38 COWLEAZE lies on this distribution: 27% of detached houses are smaller than 38 COWLEAZE, and 71% of houses are larger. Note that EPC data is not available for all properties in Magor.

38 COWLEAZE: Plot and Title Map

38 COWLEAZE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 38 COWLEAZE, 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 38 COWLEAZE). 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 38 COWLEAZE?

38 COWLEAZE is located in MAGOR, in the NP26 postcode district. The below map shows the position of No. 38 on COWLEAZE.