4, PENNYFARTHING LANE, UNDY, CALDICOT, NP26 3NU - £149,000

4 PENNYFARTHING LANE is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £149,000 in September 2009, which was around 44% below the average September 2009 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

4 PENNYFARTHING LANE Sold Prices

Land registry data shows two sales for 4 PENNYFARTHING LANE 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 PENNYFARTHING LANE 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
2009 25 SEP	£149,000	£268,122	44% below HPI
1998 16 OCT	£66,000	£110,832	40% below HPI

4 PENNYFARTHING LANE 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 PENNYFARTHING LANE sales from October 1998 and September 2009 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 October 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2009 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 PENNYFARTHING LANE?

4 PENNYFARTHING LANE is 88m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses in Undy, based on EPC data. The below chart shows the distribution of detached houses by size in Undy, and where 4 PENNYFARTHING LANE lies on this distribution: 17% of detached houses are smaller than 4 PENNYFARTHING LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Undy.

4 PENNYFARTHING LANE: Plot and Title Map

4 PENNYFARTHING LANE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 4 PENNYFARTHING LANE, 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 PENNYFARTHING LANE). 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 PENNYFARTHING LANE?

4 PENNYFARTHING LANE is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 4 on PENNYFARTHING LANE.