5, MILL REEN, UNDY, CALDICOT, NP26 3JP - £210,000

5 MILL REEN is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £210,000 in December 2012, which was around 24% below the average December 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

5 MILL REEN Sold Prices

Land registry data shows two sales for 5 MILL REEN 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 5 MILL REEN 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
2012 13 DEC	£210,000	£275,164	24% below HPI
2001 15 JUN	£111,500	£145,829	24% below HPI

5 MILL REEN 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 5 MILL REEN sales from June 2001 and December 2012 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 June 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2012 sale, which was also at 24% below the HPI.

How Large is 5 MILL REEN?

5 MILL REEN is 88m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 5 MILL REEN lies on this distribution: 7% of detached houses are smaller than 5 MILL REEN, and 93% of houses are larger. Note that EPC data is not available for all properties in Magor.

5 MILL REEN: Plot and Title Map

5 MILL REEN sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 MILL REEN, 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 5 MILL REEN). 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 5 MILL REEN?

5 MILL REEN is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 5 on MILL REEN.