4A, CASTLE PARADE, USK, NP15 1AA - £465,000

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.

4A CASTLE PARADE is a large extended detached house of 174m², built sometime between 1950 and 1966, which could now be worth an estimated £478,481. It was last sold for £465,000 in May 2024, which was around 1% below the average May 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

4A CASTLE PARADE Sold Prices

Land registry data shows two sales for 4A CASTLE PARADE 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 4A CASTLE PARADE 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
2024 9 MAY	£465,000	£470,877	1% below HPI
2014 21 NOV	£244,950	£303,371	19% below HPI

4A CASTLE PARADE 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 4A CASTLE PARADE sales from November 2014 and May 2024 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 November 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4A CASTLE PARADE be worth now?

4A CASTLE PARADE might now be worth an estimated £478,481.

This is based on house price inflation of 2.9%, between May 2024 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 2.9% inflationary increase is applied to the most recent sale price for 4A CASTLE PARADE of £465,000 on 9th May 2024. For the value to have increased from £465,000 to £478,481 over the two years to May 2026, the following assumptions must hold true:

• The value of 4A CASTLE PARADE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2024 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 4A CASTLE PARADE has not materially changed since May 2024.

How Large is 4A CASTLE PARADE?

4A CASTLE PARADE is 174m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses houses in Usk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Usk, and where 4A CASTLE PARADE lies on this distribution: 72% of detached houses houses are smaller than 4A CASTLE PARADE, and 27% of houses are larger. Note that EPC data is not available for all properties in Usk.

4A CASTLE PARADE: Plot and Title Map

4A CASTLE PARADE sits on a plot of roughly 0.010 of an acre, or 41m². The below map shows the location of 4A CASTLE PARADE, 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 4A CASTLE PARADE). 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 4A CASTLE PARADE?

4A CASTLE PARADE is located in USK, in the NP15 postcode district. The below map shows the position of No. 4A on CASTLE PARADE.