MEYRIC COTTAGE, PWLLMEYRIC, CHEPSTOW, NP16 6LA - £220,000

MEYRIC COTTAGE is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £220,000 in May 2014, which was around 21% below the average May 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was E.

MEYRIC COTTAGE Sold Prices

Land registry data shows three sales for MEYRIC COTTAGE 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. Two of the three MEYRIC COTTAGE sales were for below the average price, whilst one was 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
2014 30 MAY	£220,000	£280,236	21% below HPI
2003 16 MAY	£199,000	£195,691	2% above HPI
2001 15 JUN	£95,000	£145,829	35% below HPI

MEYRIC COTTAGE 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 MEYRIC COTTAGE sales between June 2001 and May 2014 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 May 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is MEYRIC COTTAGE?

MEYRIC COTTAGE is 79m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Pwllmeyric, based on EPC data. The below chart shows the distribution of detached houses by size in Pwllmeyric, and where MEYRIC COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than MEYRIC COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pwllmeyric.

MEYRIC COTTAGE: Plot and Title Map

MEYRIC COTTAGE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of MEYRIC COTTAGE, 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 MEYRIC COTTAGE). 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 MEYRIC COTTAGE?

MEYRIC COTTAGE is located in PWLLMEYRIC, in the NP16 postcode district. The below map shows the position of MEYRIC COTTAGE in PWLLMEYRIC.