HILLCREST, REDBROOK, MONMOUTH, NP25 4LY - £780,000

HILLCREST is a very large extended detached house of 208m², built sometime before 1900. It was last sold for £780,000 in September 2020, which was around 134% above the average September 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, 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 Forest of Dean local authority area for the corresponding sale date. Both of the two HILLCREST sales were for above 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 21 SEP	£780,000	£332,698	134% above HPI
2013 17 JAN	£375,000	£228,380	64% above HPI

HILLCREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two HILLCREST sales from January 2013 and September 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 2013 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2020 sale, where it rises to 134% above the HPI. The line then continues to track at 134% above the HPI.

How Large is HILLCREST?

HILLCREST is 208m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Lower Redbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Redbrook, and where HILLCREST lies on this distribution: 92% of detached houses are smaller than HILLCREST, and 8% of houses are larger. Note that EPC data is not available for all properties in Lower Redbrook.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.819 of an acre, or 3,316m². 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 in REDBROOK, in the NP25 postcode district. The below map shows the position of HILLCREST in REDBROOK.