10, SUMMERHOUSE LANE, CHEPSTOW, NP16 5SP - £214,500

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

10 SUMMERHOUSE LANE is a very small detached house of 68m², built sometime between 2003 and 2006. It was last sold for £214,500 in November 2017, which was around 38% below the average November 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

10 SUMMERHOUSE LANE Sold Prices

Land registry data shows three sales for 10 SUMMERHOUSE LANE 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 10 SUMMERHOUSE LANE 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
2017 21 NOV	£214,500	£348,769	38% below HPI
2007 26 OCT	£177,000	£301,721	41% below HPI
1996 13 DEC	£59,000	£92,652	36% below HPI

10 SUMMERHOUSE LANE 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 10 SUMMERHOUSE LANE sales between December 1996 and November 2017 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 October 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 10 SUMMERHOUSE LANE?

10 SUMMERHOUSE LANE is 68m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 10 SUMMERHOUSE LANE lies on this distribution: 4% of detached houses are smaller than 10 SUMMERHOUSE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

10 SUMMERHOUSE LANE: Plot and Title Map

10 SUMMERHOUSE LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 10 SUMMERHOUSE LANE, 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 10 SUMMERHOUSE LANE). 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 10 SUMMERHOUSE LANE?

10 SUMMERHOUSE LANE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 10 on SUMMERHOUSE LANE.