CRAIG LEA, CRICKHOWELL ROAD, GILWERN, ABERGAVENNY, NP7 0DE - £336,500

CRAIG LEA is a very large extended detached house of 148m², built sometime from 2007 onwards. It was last sold for £336,500 in November 2014, which was around 11% above the average November 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

CRAIG LEA Sold Prices

Land registry data shows three sales for CRAIG LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. One of the three CRAIG LEA sales was for above the average price, whilst two 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
2014 7 NOV	£336,500	£302,748	11% above HPI
2007 1 JUN	£223,500	£277,619	19% below HPI
1995 6 OCT	£67,000	£86,059	22% below HPI

CRAIG LEA 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 three CRAIG LEA sales between October 1995 and November 2014 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 June 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is CRAIG LEA?

CRAIG LEA is 148m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where CRAIG LEA lies on this distribution: 81% of detached houses are smaller than CRAIG LEA, and 19% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

CRAIG LEA: Plot and Title Map

CRAIG LEA sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of CRAIG LEA, 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 CRAIG LEA). 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 CRAIG LEA?

CRAIG LEA is located on CRICKHOWELL ROAD in GILWERN, in the NP7 postcode district. The below map shows the position of CRAIG LEA on CRICKHOWELL ROAD.