11, JAMES STEPHENS WAY, CHEPSTOW, NP16 5GE - £325,000

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

11 JAMES STEPHENS WAY is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £325,000 in January 2024, which was around 31% below the average January 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

11 JAMES STEPHENS WAY Sold Prices

Land registry data shows four sales for 11 JAMES STEPHENS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 11 JAMES STEPHENS WAY 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
2024 12 JAN	£325,000	£469,260	31% below HPI
2017 17 MAR	£205,000	£332,688	38% below HPI
2014 17 JAN	£165,000	£273,588	40% below HPI
2008 22 FEB	£189,995	£296,342	36% below HPI

11 JAMES STEPHENS WAY 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 four 11 JAMES STEPHENS WAY sales between February 2008 and January 2024 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 March 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 JAMES STEPHENS WAY?

11 JAMES STEPHENS WAY is 84m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 11 JAMES STEPHENS WAY lies on this distribution: 16% of detached houses are smaller than 11 JAMES STEPHENS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

11 JAMES STEPHENS WAY: Plot and Title Map

11 JAMES STEPHENS WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 11 JAMES STEPHENS WAY, 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 11 JAMES STEPHENS WAY). 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 11 JAMES STEPHENS WAY?

11 JAMES STEPHENS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 11 on JAMES STEPHENS WAY.