2, MILL REEN, UNDY, CALDICOT, NP26 3JP - £330,000

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.

2 MILL REEN is a large detached house of 141m², built sometime between 1976 and 1982, which could now be worth an estimated £389,823. It was last sold for £330,000 in April 2021, which was around 19% below the average April 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 MILL REEN Sold Prices

Land registry data shows one sale for 2 MILL REEN since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 APR	£330,000	£405,854	19% below HPI

What might 2 MILL REEN be worth now?

2 MILL REEN might now be worth an estimated £389,823.

This is based on house price inflation of 18.1%, between April 2021 and April 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 18.1% inflationary increase is applied to the most recent sale price for 2 MILL REEN of £330,000 on 30th April 2021. For the value to have increased from £330,000 to £389,823 over the five years to April 2026, the following assumptions must hold true:

• The value of 2 MILL REEN has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The April 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL REEN has not materially changed since April 2021.

How Large is 2 MILL REEN?

2 MILL REEN is 141m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Magor, based on EPC data. The below chart shows the distribution of detached houses by size in Magor, and where 2 MILL REEN lies on this distribution: 72% of detached houses are smaller than 2 MILL REEN, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Magor.

2 MILL REEN: Plot

2 MILL REEN sits on a plot of roughly 0.061 of an acre, or 246m².

Where is 2 MILL REEN?

2 MILL REEN is located in UNDY, in the NP26 postcode district.