THE ELMS, NEW DIXTON ROAD, MONMOUTH, NP25 3SJ - £425,000

THE ELMS is a very large extended detached house of 299m², built sometime before 1900. It was last sold for £425,000 in December 2016, which was around 32% above the average December 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS 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 THE ELMS sales were 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
2016 13 DEC	£425,000	£322,935	32% above HPI
2007 27 JUL	£545,000	£290,457	88% above HPI

THE ELMS 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 THE ELMS sales from July 2007 and December 2016 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 July 2007 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the December 2016 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE ELMS?

THE ELMS is 299m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where THE ELMS lies on this distribution: 98% of detached houses are smaller than THE ELMS, and 2% of houses are larger. Note that EPC data is not available for all properties in Monmouth.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.601 of an acre, or 2,432m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on NEW DIXTON ROAD in MONMOUTH, in the NP25 postcode district. The below map shows the position of THE ELMS on NEW DIXTON ROAD.