HILLCREST, HILEY AVENUE, GILWERN, ABERGAVENNY, NP7 0DW - £360,000

HILLCREST is a small extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £360,000 in October 2020, which was around 13% below the average October 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2020 16 OCT	£360,000	£412,053	13% below HPI
2005 14 JAN	£234,250	£257,263	9% below HPI

HILLCREST 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 HILLCREST sales from January 2005 and October 2020 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 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is HILLCREST?

HILLCREST is 111m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 HILLCREST lies on this distribution: 37% of detached houses are smaller than HILLCREST, and 61% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on HILEY AVENUE in GILWERN, in the NP7 postcode district. The below map shows the position of HILLCREST on HILEY AVENUE.