RIMINGTON, UNDY, CALDICOT, NP26 3EH - £249,000

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.

RIMINGTON is a very small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £406,482. It was last sold for £249,000 in July 2015, which was around 16% below the average July 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was E.

RIMINGTON Sold Prices

Land registry data shows two sales for RIMINGTON 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 RIMINGTON 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 30 JUL	£249,000	£296,809	16% below HPI
1995 29 SEP	£58,500	£87,278	33% below HPI

RIMINGTON 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 RIMINGTON sales from September 1995 and July 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 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might RIMINGTON be worth now?

RIMINGTON might now be worth an estimated £406,482.

This is based on house price inflation of 63.2%, between July 2015 and May 2026, 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 63.2% inflationary increase is applied to the most recent sale price for RIMINGTON of £249,000 on 30th July 2015. For the value to have increased from £249,000 to £406,482 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of RIMINGTON has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2015 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of RIMINGTON has not materially changed since July 2015.

How Large is RIMINGTON?

RIMINGTON is 89m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% 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 RIMINGTON lies on this distribution: 20% of detached houses houses are smaller than RIMINGTON, and 80% of houses are larger. Note that EPC data is not available for all properties in Undy.

RIMINGTON: Plot and Title Map

RIMINGTON sits on a plot of roughly 0.270 of an acre, or 1,091m². The below map shows the location of RIMINGTON, 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 RIMINGTON). 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 RIMINGTON?

RIMINGTON is located in UNDY, in the NP26 postcode district. The below map shows the position of RIMINGTON in UNDY.