7, THE SHIRES, GILWERN, ABERGAVENNY, NP7 0EX - £415,000

7 THE SHIRES is a midsized extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £415,000 in September 2021, which was around 9% below the average September 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

7 THE SHIRES Sold Prices

Land registry data shows four sales for 7 THE SHIRES 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 7 THE SHIRES 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 28 SEP	£415,000	£458,344	9% below HPI
2015 17 JUL	£265,000	£296,199	11% below HPI
2011 9 DEC	£240,000	£272,558	12% below HPI
2002 1 NOV	£139,000	£185,073	25% below HPI

7 THE SHIRES 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 7 THE SHIRES sales between November 2002 and September 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 July 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 THE SHIRES?

7 THE SHIRES is 123m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 7 THE SHIRES lies on this distribution: 58% of detached houses are smaller than 7 THE SHIRES, and 42% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

7 THE SHIRES: Plot and Title Map

7 THE SHIRES sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

7 THE SHIRES is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 7 on THE SHIRES.