11, TURNPIKE CLOSE, CHEPSTOW, NP16 5SD - £279,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 TURNPIKE CLOSE is a very small detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £335,143. It was last sold for £279,950 in September 2020, which was around 32% below the average September 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was B.

11 TURNPIKE CLOSE Sold Prices

Land registry data shows three sales for 11 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 11 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
2020 17 SEP	£279,950	£410,972	32% below HPI
2011 8 JUL	£190,000	£279,058	32% below HPI
2002 12 JUL	£120,950	£170,712	29% below HPI

11 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 11 TURNPIKE CLOSE sales between July 2002 and September 2020 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 July 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2020 sale, which was also at 32% below the HPI.

What might 11 TURNPIKE CLOSE be worth now?

11 TURNPIKE CLOSE might now be worth an estimated £335,143.

This is based on house price inflation of 19.7%, between September 2020 and February 2025, 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 19.7% inflationary increase is applied to the most recent sale price for 11 TURNPIKE CLOSE of £279,950 on 17th September 2020. For the value to have increased from £279,950 to £335,143 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 TURNPIKE CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2020 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 11 TURNPIKE CLOSE has not materially changed since September 2020.

How Large is 11 TURNPIKE CLOSE?

11 TURNPIKE CLOSE is 85m² according to the EPC inspection conducted in May 2015. 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 11 TURNPIKE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 11 TURNPIKE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

11 TURNPIKE CLOSE: Plot and Title Map

11 TURNPIKE CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 11 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 11 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 11 TURNPIKE CLOSE?

11 TURNPIKE CLOSE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 11 on TURNPIKE CLOSE.