73, MILLFIELD PARK, UNDY, CALDICOT, NP26 3LL - £305,000

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.

73 MILLFIELD PARK is a very small extended detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £355,996. It was last sold for £305,000 in August 2021, which was around 28% below the average August 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

73 MILLFIELD PARK Sold Prices

Land registry data shows two sales for 73 MILLFIELD PARK 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 73 MILLFIELD PARK 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 AUG	£305,000	£421,518	28% below HPI
1997 6 JAN	£73,000	£92,923	21% below HPI

73 MILLFIELD PARK 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 73 MILLFIELD PARK sales from January 1997 and August 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 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 73 MILLFIELD PARK be worth now?

73 MILLFIELD PARK might now be worth an estimated £355,996.

This is based on house price inflation of 16.7%, between August 2021 and February 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 16.7% inflationary increase is applied to the most recent sale price for 73 MILLFIELD PARK of £305,000 on 27th August 2021. For the value to have increased from £305,000 to £355,996 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 73 MILLFIELD PARK has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 73 MILLFIELD PARK has not materially changed since August 2021.

How Large is 73 MILLFIELD PARK?

73 MILLFIELD PARK is 94m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses houses in Magor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Magor, and where 73 MILLFIELD PARK lies on this distribution: 10% of detached houses houses are smaller than 73 MILLFIELD PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Magor.

73 MILLFIELD PARK: Plot and Title Map

73 MILLFIELD PARK sits on a plot of roughly 12.9 acres, or 52,391m². The below map shows the location of 73 MILLFIELD PARK, 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 73 MILLFIELD PARK). 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 73 MILLFIELD PARK?

73 MILLFIELD PARK is located in UNDY, in the NP26 postcode district. The below map shows the position of No. 73 on MILLFIELD PARK.