MILL COTTAGE, LLANDOGO, MONMOUTH, NP25 4TJ - £232,000

MILL COTTAGE is a very small extended semi-detached house of 89m², built sometime before 1900. It was last sold for £232,000 in November 2015, which was around 24% below the average November 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was D.

MILL COTTAGE Sold Prices

Land registry data shows five sales for MILL COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five MILL COTTAGE 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
2015 23 NOV	£232,000	£305,213	24% below HPI
2013 25 SEP	£200,000	£265,243	25% below HPI
2007 8 AUG	£150,000	£300,066	50% below HPI
2003 19 SEP	£134,312	£205,431	35% below HPI
2002 2 SEP	£117,500	£179,642	35% below HPI

MILL 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 five MILL COTTAGE sales between September 2002 and November 2015 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 September 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2015 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Llandogo, based on EPC data. The below chart shows the distribution of detached houses by size in Llandogo, and where MILL COTTAGE lies on this distribution: 11% of detached houses are smaller than MILL COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Llandogo.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located in LLANDOGO, in the NP25 postcode district. The below map shows the position of MILL COTTAGE in LLANDOGO.