47, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LF - £223,950

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.

47 MILLFIELD PARK is a small extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £388,844. It was last sold for £223,950 in July 2011, which was around 20% below the average July 2011 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

47 MILLFIELD PARK Sold Prices

Land registry data shows three sales for 47 MILLFIELD PARK 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. All of the three 47 MILLFIELD PARK 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
2011 15 JUL	£223,950	£279,058	20% below HPI
1996 12 DEC	£74,500	£92,842	20% below HPI
1995 7 SEP	£73,000	£87,278	16% below HPI

47 MILLFIELD PARK 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 47 MILLFIELD PARK sales between September 1995 and July 2011 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 December 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2011 sale, which was also at 20% below the HPI.

What might 47 MILLFIELD PARK be worth now?

47 MILLFIELD PARK might now be worth an estimated £388,844.

This is based on house price inflation of 73.6%, between July 2011 and May 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 73.6% inflationary increase is applied to the most recent sale price for 47 MILLFIELD PARK of £223,950 on 15th July 2011. For the value to have increased from £223,950 to £388,844 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 47 MILLFIELD PARK has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2011 sale price of £223,950 represented a fair market value for the property.
• The size, condition, and specification of 47 MILLFIELD PARK has not materially changed since July 2011.

How Large is 47 MILLFIELD PARK?

47 MILLFIELD PARK is 106m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 47 MILLFIELD PARK lies on this distribution: 28% of detached houses houses are smaller than 47 MILLFIELD PARK, and 71% of houses are larger. Note that EPC data is not available for all properties in Magor.

47 MILLFIELD PARK: Plot and Title Map

47 MILLFIELD PARK sits on a plot of roughly 12.9 acres, or 52,391m². The below map shows the location of 47 MILLFIELD PARK, 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 47 MILLFIELD PARK). 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 47 MILLFIELD PARK?

47 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 47 on MILLFIELD PARK.