MEADOW HOUSE, OLD WELL LANE, UNDY, CALDICOT, NP26 3PY - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MEADOW HOUSE is a very large extended detached house of 240m², built sometime between 2003 and 2006, which could now be worth an estimated £668,415. It was last sold for £625,000 in June 2022, which was around 37% above the average June 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

MEADOW HOUSE Sold Prices

Land registry data shows three sales for MEADOW HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three MEADOW HOUSE 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
2022 29 JUN	£625,000	£457,851	37% above HPI
2016 31 MAR	£420,000	£313,905	34% above HPI
2006 8 DEC	£399,950	£285,344	40% above HPI

MEADOW HOUSE 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 three MEADOW HOUSE sales between December 2006 and June 2022 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 March 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might MEADOW HOUSE be worth now?

MEADOW HOUSE might now be worth an estimated £668,415.

This is based on house price inflation of 6.9%, between June 2022 and June 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for MEADOW HOUSE of £625,000 on 29th June 2022. For the value to have increased from £625,000 to £668,415 over the three years to June 2025, the following assumptions must hold true:

• The value of MEADOW HOUSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW HOUSE has not materially changed since June 2022.

How Large is MEADOW HOUSE?

MEADOW HOUSE is 240m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses houses in Undy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Undy, and where MEADOW HOUSE lies on this distribution: 99% of detached houses houses are smaller than MEADOW HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Undy.

MEADOW HOUSE: Plot and Title Map

MEADOW HOUSE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of MEADOW HOUSE, 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 MEADOW HOUSE). 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 MEADOW HOUSE?

MEADOW HOUSE is located on OLD WELL LANE in UNDY, in the NP26 postcode district. The below map shows the position of MEADOW HOUSE on OLD WELL LANE.