8, BASILDENE CLOSE, GILWERN, ABERGAVENNY, NP7 0AW - £375,000

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.

8 BASILDENE CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £414,500. It was last sold for £375,000 in December 2021, which was around 14% below the average December 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

8 BASILDENE CLOSE Sold Prices

Land registry data shows five sales for 8 BASILDENE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 8 BASILDENE 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 10 DEC	£375,000	£438,355	14% below HPI
2013 20 DEC	£180,000	£275,804	35% below HPI
2005 18 JUL	£225,000	£266,804	16% below HPI
2002 13 FEB	£125,000	£151,994	18% below HPI
1998 2 MAR	£80,000	£103,230	23% below HPI

8 BASILDENE 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 five 8 BASILDENE CLOSE sales between March 1998 and December 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 December 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 BASILDENE CLOSE be worth now?

8 BASILDENE CLOSE might now be worth an estimated £414,500.

This is based on house price inflation of 10.5%, between December 2021 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 10.5% inflationary increase is applied to the most recent sale price for 8 BASILDENE CLOSE of £375,000 on 10th December 2021. For the value to have increased from £375,000 to £414,500 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 BASILDENE CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BASILDENE CLOSE has not materially changed since December 2021.

How Large is 8 BASILDENE CLOSE?

8 BASILDENE CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 8 BASILDENE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 8 BASILDENE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

8 BASILDENE CLOSE: Plot and Title Map

8 BASILDENE CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 8 BASILDENE 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 8 BASILDENE 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 8 BASILDENE CLOSE?

8 BASILDENE CLOSE is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 8 on BASILDENE CLOSE.