10, TURNPIKE CLOSE, CHEPSTOW, NP16 5SD - £198,000

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

10 TURNPIKE CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £198,000 in May 2012, which was around 29% below the average May 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

10 TURNPIKE CLOSE Sold Prices

Land registry data shows three sales for 10 TURNPIKE 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 10 TURNPIKE 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
2012 4 MAY	£198,000	£280,377	29% below HPI
2009 8 APR	£185,000	£252,995	27% below HPI
1999 23 AUG	£81,500	£113,348	28% below HPI

10 TURNPIKE 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 10 TURNPIKE CLOSE sales between August 1999 and May 2012 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 10 TURNPIKE CLOSE be worth now?

10 TURNPIKE CLOSE might now be worth an estimated £343,964.

This is based on house price inflation of 73.7%, between May 2012 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 10 TURNPIKE CLOSE of £198,000 on 4th May 2012. For the value to have increased from £198,000 to £343,964 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 10 TURNPIKE CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2012 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 10 TURNPIKE CLOSE has not materially changed since May 2012.

How Large is 10 TURNPIKE CLOSE?

10 TURNPIKE CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 10 TURNPIKE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 10 TURNPIKE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

10 TURNPIKE CLOSE: Plot and Title Map

10 TURNPIKE CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 10 TURNPIKE 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 10 TURNPIKE 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 10 TURNPIKE CLOSE?

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