5, PLAS DERWEN CLOSE, ABERGAVENNY, NP7 9SQ - £349,950

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.

5 PLAS DERWEN CLOSE is a midsized detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £400,630. It was last sold for £349,950 in January 2021, which was around 18% below the average January 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

5 PLAS DERWEN CLOSE Sold Prices

Land registry data shows four sales for 5 PLAS DERWEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 5 PLAS DERWEN CLOSE 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
2021 27 JAN	£349,950	£427,713	18% below HPI
2018 19 JAN	£280,000	£351,711	20% below HPI
2017 31 JUL	£298,000	£336,183	11% below HPI
1995 15 NOV	£82,000	£85,549	4% below HPI

5 PLAS DERWEN CLOSE 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 four 5 PLAS DERWEN CLOSE sales between November 1995 and January 2021 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 January 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 PLAS DERWEN CLOSE be worth now?

5 PLAS DERWEN CLOSE might now be worth an estimated £400,630.

This is based on house price inflation of 14.5%, between January 2021 and June 2025, 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 14.5% inflationary increase is applied to the most recent sale price for 5 PLAS DERWEN CLOSE of £349,950 on 27th January 2021. For the value to have increased from £349,950 to £400,630 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 5 PLAS DERWEN CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The January 2021 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of 5 PLAS DERWEN CLOSE has not materially changed since January 2021.

How Large is 5 PLAS DERWEN CLOSE?

5 PLAS DERWEN CLOSE is 122m² according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses houses by size in Abergavenny, and where 5 PLAS DERWEN CLOSE lies on this distribution: 56% of detached houses houses are smaller than 5 PLAS DERWEN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

5 PLAS DERWEN CLOSE: Plot and Title Map

5 PLAS DERWEN CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 5 PLAS DERWEN CLOSE, 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 PLAS DERWEN CLOSE). 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 PLAS DERWEN CLOSE?

5 PLAS DERWEN CLOSE is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 5 on PLAS DERWEN CLOSE.