1, OLD OAK CLOSE, BULWARK, CHEPSTOW, NP16 5TF - £228,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 OLD OAK CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £228,500 in August 2015, which was around 24% below the average August 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

1 OLD OAK CLOSE Sold Prices

Land registry data shows three sales for 1 OLD OAK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 1 OLD OAK CLOSE 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
2015 21 AUG	£228,500	£299,207	24% below HPI
2007 29 MAY	£221,950	£271,444	18% below HPI
2004 6 AUG	£195,500	£245,756	20% below HPI

1 OLD OAK CLOSE 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 three 1 OLD OAK CLOSE sales between August 2004 and August 2015 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 May 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 OLD OAK CLOSE?

1 OLD OAK CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 1 OLD OAK CLOSE lies on this distribution: 35% of detached houses are smaller than 1 OLD OAK CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

1 OLD OAK CLOSE: Plot and Title Map

1 OLD OAK CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 OLD OAK CLOSE, 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 1 OLD OAK CLOSE). 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 1 OLD OAK CLOSE?

1 OLD OAK CLOSE is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 1 on OLD OAK CLOSE.