1, THORN TREE DRIVE, CHEPSTOW, NP16 5SH - £189,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THORN TREE DRIVE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £189,000 in November 2006, which was around 33% below the average November 2006 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

1 THORN TREE DRIVE Sold Prices

Land registry data shows two sales for 1 THORN TREE DRIVE 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 1 THORN TREE DRIVE 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
2006 10 NOV	£189,000	£280,431	33% below HPI
2006 11 APR	£165,000	£267,052	38% below HPI

1 THORN TREE DRIVE 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 1 THORN TREE DRIVE sales from April 2006 and November 2006 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 April 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2006 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 THORN TREE DRIVE be worth now?

1 THORN TREE DRIVE might now be worth an estimated £328,266.

This is based on house price inflation of 73.7%, between November 2006 and December 2024, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.7% inflationary increase is applied to the most recent sale price for 1 THORN TREE DRIVE of £189,000 on 10th November 2006. For the value to have increased from £189,000 to £328,266 over the seventeen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 THORN TREE DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2006 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THORN TREE DRIVE has not materially changed since November 2006.

How Large is 1 THORN TREE DRIVE?

1 THORN TREE DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chepstow, and where 1 THORN TREE DRIVE lies on this distribution: 37% of detached houses houses are smaller than 1 THORN TREE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

1 THORN TREE DRIVE: Plot and Title Map

1 THORN TREE DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 THORN TREE DRIVE, 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 THORN TREE DRIVE). 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 THORN TREE DRIVE?

1 THORN TREE DRIVE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 1 on THORN TREE DRIVE.