LOUVAIN, NEW DIXTON ROAD, MONMOUTH, NP25 3PP - £347,500

LOUVAIN is a very small detached house of 85m², built sometime from 2007 onwards. It was last sold for £347,500 in May 2016, which was around 12% above the average May 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was B.

LOUVAIN Sold Prices

Land registry data shows four sales for LOUVAIN 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. Most of the four LOUVAIN 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
2016 27 MAY	£347,500	£309,843	12% above HPI
2007 14 DEC	£205,000	£303,522	32% below HPI
2006 13 FEB	£155,000	£263,363	41% below HPI
1999 16 JUL	£69,000	£111,936	38% below HPI

LOUVAIN 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 LOUVAIN sales between July 1999 and May 2016 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 December 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is LOUVAIN?

LOUVAIN is 85m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where LOUVAIN lies on this distribution: 15% of detached houses are smaller than LOUVAIN, and 85% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

LOUVAIN: Plot and Title Map

LOUVAIN sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of LOUVAIN, 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 LOUVAIN). 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 LOUVAIN?

LOUVAIN is located on NEW DIXTON ROAD in MONMOUTH, in the NP25 postcode district. The below map shows the position of LOUVAIN on NEW DIXTON ROAD.