THE TIMBERS, HILEY AVENUE, GILWERN, ABERGAVENNY, NP7 0DW - £249,950

THE TIMBERS is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £249,950 in December 2017, which was around 28% below the average December 2017 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 C.

THE TIMBERS Sold Prices

Land registry data shows two sales for THE TIMBERS 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 TIMBERS 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
2017 1 DEC	£249,950	£348,556	28% below HPI
2004 1 JUL	£157,500	£238,707	34% below HPI

THE TIMBERS 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 TIMBERS sales from July 2004 and December 2017 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 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE TIMBERS?

THE TIMBERS is 101m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where THE TIMBERS lies on this distribution: 23% of detached houses are smaller than THE TIMBERS, and 75% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

THE TIMBERS: Plot and Title Map

THE TIMBERS sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of THE TIMBERS, 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 TIMBERS). 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 TIMBERS?

THE TIMBERS is located on HILEY AVENUE in GILWERN, in the NP7 postcode district. The below map shows the position of THE TIMBERS on HILEY AVENUE.