HILLCREST, MONMOUTH ROAD, RAGLAN, USK, NP15 2HQ - £260,000

HILLCREST is a very small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £260,000 in October 2018, which was around 31% below the average October 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

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. One of the two HILLCREST sales was for below the average price, whilst the other was roughly equal to 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
2018 4 OCT	£260,000	£378,642	31% below HPI
2012 25 APR	£281,000	£282,309	Close to 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 April 2012 and October 2018 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 April 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is HILLCREST?

HILLCREST is 84m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where HILLCREST lies on this distribution: 14% of detached houses are smaller than HILLCREST, and 86% of houses are larger. Note that EPC data is not available for all properties in Raglan.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.170 of an acre, or 689m². 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 MONMOUTH ROAD in RAGLAN, in the NP15 postcode district. The below map shows the position of HILLCREST on MONMOUTH ROAD.