CROSSWAYS, CRICKHOWELL ROAD, GILWERN, ABERGAVENNY, NP7 0DG - £210,000

CROSSWAYS is a small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £210,000 in July 2015, which was around 29% below the average July 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

CROSSWAYS Sold Prices

Land registry data shows four sales for CROSSWAYS 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 CROSSWAYS 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
2015 30 JUL	£210,000	£296,199	29% below HPI
2006 11 JAN	£232,000	£264,659	12% below HPI
2003 16 JUN	£136,000	£195,700	31% below HPI
2000 17 MAR	£97,500	£121,907	20% below HPI

CROSSWAYS 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 CROSSWAYS sales between March 2000 and July 2015 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 111m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where CROSSWAYS lies on this distribution: 37% of detached houses are smaller than CROSSWAYS, and 61% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

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