4, ETHLEY DRIVE, RAGLAN, USK, NP15 2FD - £282,500

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.

4 ETHLEY DRIVE is a very small extended detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £351,636. It was last sold for £282,500 in March 2019, which was around 27% below the average March 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

4 ETHLEY DRIVE Sold Prices

Land registry data shows two sales for 4 ETHLEY DRIVE 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 4 ETHLEY 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
2019 13 MAR	£282,500	£385,167	27% below HPI
2002 31 MAY	£123,000	£166,655	26% below HPI

4 ETHLEY 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 two 4 ETHLEY DRIVE sales from May 2002 and March 2019 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 May 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 ETHLEY DRIVE be worth now?

4 ETHLEY DRIVE might now be worth an estimated £351,636.

This is based on house price inflation of 24.5%, between March 2019 and April 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 24.5% inflationary increase is applied to the most recent sale price for 4 ETHLEY DRIVE of £282,500 on 13th March 2019. For the value to have increased from £282,500 to £351,636 over the six years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 ETHLEY DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2019 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ETHLEY DRIVE has not materially changed since March 2019.

How Large is 4 ETHLEY DRIVE?

4 ETHLEY DRIVE is 85m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Raglan, and where 4 ETHLEY DRIVE lies on this distribution: 16% of detached houses houses are smaller than 4 ETHLEY DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Raglan.

4 ETHLEY DRIVE: Plot and Title Map

4 ETHLEY DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 4 ETHLEY 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 4 ETHLEY 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 4 ETHLEY DRIVE?

4 ETHLEY DRIVE is located in RAGLAN, in the NP15 postcode district. The below map shows the position of No. 4 on ETHLEY DRIVE.