Local market reports › NP area › NP15
Raglan market report NP15, Usk
The standing NP15 (Raglan) property market report, rebuilt from the full public record every month. The raw material for this page is 3,202 HM Land Registry entries for NP15 (Usk), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical NP15 (Usk) home changed hands for £340,000 in 2026 (median of 39 registered sales, down 8% on five years earlier), with the mean at £392,500, and by floor area homes here have averaged about £3,710 per square metre over the last five years. Source: 3,202 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NP15 is a postcode district covering Usk, Raglan in Usk. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where NP15 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in NP15
39 sales were registered in NP15 in 2026, and the middle one of them, the median, went for £340,000. The mean works out at £392,500, a long way above it, which tells you a few very expensive sales are pulling the average up.
Price per square metre in NP15
Per square metre, NP15 homes have averaged around £3,710 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so NP15 trades 19% above the country as a whole.
The price of a typical NP15 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £340,000 | £340,000 | 39 |
| 2025 | £374,800 | £383,763 | 88 |
| 2024 | £385,000 | £409,334 | 89 |
| 2023 | £372,000 | £408,737 | 75 |
| 2022 | £390,000 | £457,320 | 104 |
| 2021 | £371,500 | £470,367 | 159 |
| 2020 | £330,000 | £428,182 | 73 |
| 2019 | £315,000 | £412,890 | 93 |
| 2018 | £295,000 | £393,241 | 104 |
| 2017 | £300,000 | £409,170 | 92 |
| 2016 | £249,500 | £349,053 | 117 |
| 2015 | £275,000 | £388,575 | 114 |
| 2014 | £249,700 | £354,243 | 90 |
| 2013 | £249,500 | £359,006 | 89 |
| 2012 | £245,000 | £360,609 | 90 |
| 2011 | £250,000 | £377,404 | 69 |
| 2010 | £250,000 | £392,064 | 97 |
| 2009 | £190,000 | £305,427 | 83 |
| 2008 | £218,500 | £358,168 | 71 |
| 2007 | £250,000 | £424,070 | 124 |
| 2006 | £250,000 | £433,968 | 122 |
| 2005 | £247,800 | £440,984 | 88 |
| 2004 | £220,000 | £399,563 | 107 |
| 2003 | £189,200 | £348,552 | 106 |
| 2002 | £146,800 | £276,203 | 158 |
| 2001 | £125,000 | £240,306 | 135 |
| 2000 | £110,000 | £215,875 | 89 |
| 1999 | £95,000 | £189,330 | 131 |
| 1998 | £82,400 | £166,330 | 118 |
| 1997 | £78,000 | £159,962 | 107 |
| 1996 | £81,000 | £170,825 | 95 |
| 1995 | £80,000 | £173,908 | 86 |
In cash terms the typical NP15 home went from £80,000 in 1995 to £340,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 96%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 28% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NP15 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2010 (+31.6% on the year before); the weakest, 2009 (−13.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 51% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £502,500 against £112,500 for a flat, 4.5 times the price.
Median by property type, NP15
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £480,000 | 17 | 1,631 |
| Semi-detached | £322,500 | 14 | 816 |
| Terraced | £325,000 (2025) | – | 541 |
| Flats | £112,500 (2025) | – | 184 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −9.3% | −11.4% |
| 5 years (since 2021) | −1.8% | −6.3% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +1.5% | −1.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in NP15
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 82 sales completed in NP15. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 116 sales a year before the financial crisis and 79 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the NP15 market
Only 82 sales completed here in the last twelve months of data, which makes NP15 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. NP15 sits 3 of 18 in its area's price order, well inside the expensive end.
What homes rent for around NP15
NP15 falls under Monmouthshire, where the ONS puts the average private rent at £992 a month (May 2026 figures). The spread runs from £729 a month for a typical one-bed to £1,494 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Monmouthshire
ONS Price Index of Private Rents, May 2026.
£992 a month is £11,904 a year, which against the £340,000 median sold price makes a gross yield of 3.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about NP15 (Raglan)
Is NP15 (Raglan) a good place to buy a house?
How much did a house sell for in NP15 (Raglan)?
Are property prices falling in NP15 (Raglan)?
Are NP15 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 8% over five years in cash but down 28% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in NP15 now
Everything above is what homes in NP15 sold for. Turning to what is actually available: 53 homes on the market right now, from 3 agents publishing to HomesIndex, at a typical asking price 18% above the NP15 median sold price.
25% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NP15 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in NP: the cost
Real sold prices by size across the NP area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £285,000 | £370,000 (+30%) | £525,000 (+42%) | £683,000 (+30%) |
| Semi-detached | £200,000 | £215,000 (+7%) | £250,000 (+16%) | £320,000 (+28%) | £417,500 (+30%) |
| Terraced | £160,000 | £155,000 (-3%) | £170,000 (+10%) | £225,000 (+32%) | £293,750 (+31%) |
| Flat | £120,000 | £137,000 (+14%) | £200,000 (+46%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
NP15 ranks 18 of 18 in the NP area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the NP area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside NP15, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NP15 1 | £340,000 | 31 |
| NP15 2 | £349,000 | 8 |
How NP15 compares nearby
Same city, different markets. The neighbouring districts of the NP area, dearest first:
| District | Median | 5-year |
|---|---|---|
| NP8 | £386,500 | +12% |
| NP25 | £345,000 | +8% |
| NP15 (this report) | £340,000 | -8% |
| NP7 | £335,000 | +20% |
| NP16 | £318,000 | +8% |
| NP26 | £316,200 | +10% |
| NP18 | £315,000 | +5% |
| NP10 | £285,000 | +17% |
| NP12 | £220,000 | +29% |
| NP20 | £210,000 | +14% |
| NP19 | £203,000 | +13% |
| NP4 | £201,000 | +27% |
| NP44 | £200,000 | +2% |
| NP11 | £170,000 | +21% |
| NP23 | £150,000 | +25% |
| NP22 | £131,000 | +14% |
| NP13 | £125,000 | +33% |
| NP24 | £115,000 | +40% |
Selling a home in NP15? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NP15's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NP15.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NP15. Free, with a one click sign in.
Two maps carry on from here: every NP15 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.