OAKLANDS, ABERGAVENNY ROAD, GILWERN, ABERGAVENNY, NP7 0AB - £225,000

OAKLANDS is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £225,000 in June 2022, which was around 54% below the average June 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two OAKLANDS 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
2022 23 JUN	£225,000	£486,844	54% below HPI
2015 15 MAY	£232,000	£293,395	21% below HPI

OAKLANDS 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 two OAKLANDS sales from May 2015 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 May 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is OAKLANDS?

OAKLANDS is 79m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where OAKLANDS lies on this distribution: 7% of detached houses are smaller than OAKLANDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on ABERGAVENNY ROAD in GILWERN, in the NP7 postcode district. The below map shows the position of OAKLANDS on ABERGAVENNY ROAD.