Housing Market Analysis for WELL LANE, NP16 6LP

Are you looking to understand NP16 6LP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Monmouthshire postcode.

For the location information and nearby amenities in the NP16 6LP area, explore the NP16 6LP Area information page.
For comprehensive crime statistics in the NP16 6LP area, explore the NP16 6LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NP16 6LP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £517,222 median price is £455,000 Standard Deviation is £304,139 with Total Sold: 9
    • The Last 5 Year average price is £641,667 with Total Sold: 3
    • The most recent sale happened at this postcode is REDLANDS WELL LANE: £550,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is OVER THE STREAM WELL LANE: £120,000 (Sold on 27 Sep 1996)
  • Other
    • The average price is around £1,125,000 median price is £1,125,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SPRINGFIELD HOUSE WELL LANE: £1,125,000 (Sold on 14 Jan 2022)
    • The first recorded sale happened at this postcode is SPRINGFIELD HOUSE WELL LANE: £1,125,000 (Sold on 14 Jan 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average NP16 6LP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£735,000 £3,666 2
2019£455,000 £3,396 1
2016£445,000 £2,225 1
2012£530,000 £1,860 1
2007£1,100,000 £1,519 1
2004£405,000 £3,022 1
2001£130,000 £456 1
1996£120,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,125,000 £1,554 1

All the Sales in the WELL LANE, NP16 6LP

See the table below for more details on the sold house prices in the NP16 6LP, Monmouthshire postcode.

AddressSold DatePrice% Change
REDLANDS WELL LANEDetached, FreeholdArea: 134 Sq.mtrAge: 1983-199030 Sep 2022£550,00020.88%
04 Apr 2019£455,00012.35%
10 Sep 2004£405,000First Sale
WHISPERING BROOK WELL LANEDetached, FreeholdArea: 285 Sq.mtrAge: 1996-200229 Sep 2022£920,00073.58%
31 Aug 2012£530,000307.69%
31 Jan 2001£130,000First Sale
SPRINGFIELD HOUSE WELL LANEOther, FreeholdArea: 724 Sq.mtrAge: 1996-200214 Jan 2022£1,125,0002.27%
02 Feb 2007£1,100,000First Sale
CATTRAETH WELL LANEDetached, FreeholdArea: 200 Sq.mtrAge: 1976-198209 Dec 2016£445,000First Sale
OVER THE STREAM WELL LANEDetached, Freehold27 Sep 1996£120,000First Sale

Check out the sold house prices near the NP16 6LP postcode. Properties currently for saleProperties currently for rent

WELL LANE, NP16 6LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NP16 6LP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NP16 6LP postcode.

  • Detached
    • The average price is around £383,337 median price is £405,000 Standard Deviation is £215,211 with Total Sold: 67
    • The Last 5 Year average price is £558,808 with Total Sold: 13
    • The most recent sale happened at this postcode is , SWN ADERYN : £735,000 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , CASTLEWOOD : £91,100 (Sold on 28 Jul 1995)
  • Semi-Detached
    • The average price is around £263,389 median price is £217,500 Standard Deviation is £166,417 with Total Sold: 9
    • The Last 5 Year average price is £417,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE BARN WELL LANE: £340,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , TY CELIA : £67,000 (Sold on 20 Jun 1997)
  • Other
    • The average price is around £495,000 median price is £240,000 Standard Deviation is £448,163 with Total Sold: 3
    • The Last 5 Year average price is £1,125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SPRINGFIELD HOUSE WELL LANE: £1,125,000 (Sold on 14 Jan 2022)
    • The first recorded sale happened at this postcode is , HILLSIDE FARM WELL LANE: £120,000 (Sold on 01 Nov 2016)
  • Terraced
    • The average price is around £207,000 median price is £207,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , MILKWOOD COTTAGE WELL LANE: £207,000 (Sold on 02 Jun 2014)
    • The first recorded sale happened at this postcode is , MILKWOOD COTTAGE WELL LANE: £207,000 (Sold on 02 Jun 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£735,0001
2022£573,750 £3,550 4
2021£450,000 £3,814 1
2020£595,625 £2,943 4
2019£467,333 £3,599 3
2017£510,800 £2,798 5
2016£452,500 £2,427 2
2015£515,000 £2,384 3
2014£457,500 £2,268 2
2012£530,000 £1,860 1
2011£360,000 £2,727 2
2010£477,500 £2,432 2
2009£429,000 £2,370 1
2008£361,500 £1,858 4
2007£583,750 £1,755 4
2006£451,667 £2,833 3
2005£222,500 £3,000 2
2004£502,500 £3,022 2
2003£359,950 £1,868 1
2002£192,375 £1,699 4
2001£127,000 £456 2
2000£169,333 £777 3
1999£146,000 £514 2
1998£138,250 £1,327 4
1996£140,833 £925 3
1995£60,550 £316 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£340,0001
2021£495,000 £2,049 1
2015£449,500 £2,089 2
2007£217,5001
2001£147,000 £608 1
2000£102,500 £902 2
1997£67,000 £946 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,125,000 £1,554 1
2016£180,000 £2,124 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£207,000 £2,494 1

House Type in NP16 6LP area

The most common house types in the NP16 6LP postcode area are Detached (85), Semi-detached (36), and Terraced (6).

Total132
Detached85
Semi-detached36
Terraced6
Shared house2
converted building2
commercial building1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright64
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority4
Social rented: Other social rented4
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NP16 6LP have 2 people in household (59), and 1 person in household (28).

2 people in household59
1 person in household28
3 people in household24
4 people in household16
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0