7, FAIRVIEW CLOSE, WYESHAM, MONMOUTH, NP25 3LQ - £240,000

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.

7 FAIRVIEW CLOSE is a midsized extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £411,960. It was last sold for £240,000 in September 2011, which was around 15% below the average September 2011 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

7 FAIRVIEW CLOSE Sold Prices

Land registry data shows two sales for 7 FAIRVIEW CLOSE 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 7 FAIRVIEW 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
2011 23 SEP	£240,000	£282,277	15% below HPI
1996 31 OCT	£58,500	£94,432	38% below HPI

7 FAIRVIEW 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 two 7 FAIRVIEW CLOSE sales from October 1996 and September 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 October 1996 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 FAIRVIEW CLOSE be worth now?

7 FAIRVIEW CLOSE might now be worth an estimated £411,960.

This is based on house price inflation of 71.6%, between September 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 71.6% inflationary increase is applied to the most recent sale price for 7 FAIRVIEW CLOSE of £240,000 on 23rd September 2011. For the value to have increased from £240,000 to £411,960 over the fifteen years and four months to May 2026, the following assumptions must hold true:

• The value of 7 FAIRVIEW CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAIRVIEW CLOSE has not materially changed since September 2011.

How Large is 7 FAIRVIEW CLOSE?

7 FAIRVIEW CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Monmouth, and where 7 FAIRVIEW CLOSE lies on this distribution: 50% of detached houses houses are smaller than 7 FAIRVIEW CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

7 FAIRVIEW CLOSE: Plot and Title Map

7 FAIRVIEW CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 FAIRVIEW 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 7 FAIRVIEW 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 7 FAIRVIEW CLOSE?

7 FAIRVIEW CLOSE is located in WYESHAM, in the NP25 postcode district. The below map shows the position of No. 7 on FAIRVIEW CLOSE.