38, ELSTOB WAY, MONMOUTH, NP25 5ET - £209,950

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.

38 ELSTOB WAY is a very small extended semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £370,047. It was last sold for £209,950 in June 2007, which was around 25% above the average June 2007 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

38 ELSTOB WAY Sold Prices

Land registry data shows four sales for 38 ELSTOB WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 38 ELSTOB WAY 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
2007 28 JUN	£209,950	£168,406	25% above HPI
2006 17 JUL	£188,500	£167,806	12% above HPI
2001 6 JUL	£89,000	£78,944	13% above HPI
2000 7 JAN	£73,000	£66,017	11% above HPI

38 ELSTOB WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 38 ELSTOB WAY sales between January 2000 and June 2007 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 July 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2007 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 38 ELSTOB WAY be worth now?

38 ELSTOB WAY might now be worth an estimated £370,047.

This is based on house price inflation of 76.3%, between June 2007 and June 2025, for semi-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 76.3% inflationary increase is applied to the most recent sale price for 38 ELSTOB WAY of £209,950 on 28th June 2007. For the value to have increased from £209,950 to £370,047 over the eighteen years to June 2025, the following assumptions must hold true:

• The value of 38 ELSTOB WAY has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The June 2007 sale price of £209,950 represented a fair market value for the property.
• The size, condition, and specification of 38 ELSTOB WAY has not materially changed since June 2007.

How Large is 38 ELSTOB WAY?

38 ELSTOB WAY is 88m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of semi-detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Monmouth, and where 38 ELSTOB WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 38 ELSTOB WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

38 ELSTOB WAY: Plot and Title Map

38 ELSTOB WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 38 ELSTOB WAY, 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 ELSTOB WAY). 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 ELSTOB WAY?

38 ELSTOB WAY is located in MONMOUTH, in the NP25 postcode district. The below map shows the position of No. 38 on ELSTOB WAY.