40, OLD SCHOOL LANE, WYESHAM, MONMOUTH, NP25 3PW - £157,000

40 OLD SCHOOL LANE is a very small detached house of 73m². It was last sold for £157,000 in August 2015, which was around 48% below the average August 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.

40 OLD SCHOOL LANE Sold Prices

Land registry data shows two sales for 40 OLD SCHOOL 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 40 OLD SCHOOL 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
2015 24 AUG	£157,000	£299,207	48% below HPI
2013 21 MAR	£123,000	£272,856	55% below HPI

40 OLD SCHOOL 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 40 OLD SCHOOL LANE sales from March 2013 and August 2015 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 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2015 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 40 OLD SCHOOL LANE?

40 OLD SCHOOL LANE is 73m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 40 OLD SCHOOL LANE lies on this distribution: 6% of detached houses are smaller than 40 OLD SCHOOL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

40 OLD SCHOOL LANE: Plot and Title Map

40 OLD SCHOOL LANE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 40 OLD SCHOOL 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 40 OLD SCHOOL 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 40 OLD SCHOOL LANE?

40 OLD SCHOOL LANE is located in WYESHAM, in the NP25 postcode district. The below map shows the position of No. 40 on OLD SCHOOL LANE.