Merlin Cottage Well Lane

    MERLIN COTTAGE, WELL LANE, LLANVAIR DISCOED, CHEPSTOW, NP16 6RA

    This detached freehold property on Well Lane last sold in February 2011 for £180,000. Based on price growth in the NP16 district since then, its estimated current value is £316,682 — placing it in the 53rd percentile nationally and the 43rd percentile within NP16. The property covers 60 m² (646 sq ft), giving an estimated value of £5,278 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £180,000

    Feb 2011

    Estimated Valuation

    £316,682

    Est. £/sq ft

    £490/sq ft

    £5,278/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fueloil (not community)
    EPC currentE
    EPC potentialA
    Floor area646 sq ft (60 m²)
    EPC dateAug 2018
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    21 Feb 2011

    £180,000

    29 Apr 2005

    New build

    £180,000

    Key Metrics

    Estimated valuation£316,682
    Value per sq ft / m²£490/sq ft (£5,278/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NP16 district percentile43rd percentile
    National percentile53rd percentile

    District Context — NP16

    NP16 covers the Monmouth area in the south-east corner of Wales, close to the English border. It is a rural and semi-rural district with strong historical character, popular with those seeking a quieter lifestyle and good access to countryside.

    Average Property Price - NP16

    £388,070

    65

    National percentile

    Average Net Household Income - NP16

    £39,395

    55

    National percentile

    10-Year Annualised Price Growth - NP16

    4.3%

    74

    National percentile

    10-Year Annualised Rent Growth - NP

    4.9%

    94

    National percentile

    View full analysis for NP16

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