12, LEWIS WAY, CHEPSTOW, NP16 5TA - £155,000

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

12 LEWIS WAY is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £155,000 in April 2011, which was around 44% below the average April 2011 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

12 LEWIS WAY Sold Prices

Land registry data shows two sales for 12 LEWIS WAY 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 12 LEWIS 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
2011 14 APR	£155,000	£274,758	44% below HPI
1995 30 JAN	£59,450	£91,041	35% below HPI

12 LEWIS 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 two 12 LEWIS WAY sales from January 1995 and April 2011 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 January 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2011 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 12 LEWIS WAY?

12 LEWIS WAY is 62m² according to the EPC inspection conducted in July 2010. 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 12 LEWIS WAY lies on this distribution: 3% of detached houses are smaller than 12 LEWIS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

12 LEWIS WAY: Plot and Title Map

12 LEWIS WAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 LEWIS 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 12 LEWIS 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 12 LEWIS WAY?

12 LEWIS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 12 on LEWIS WAY.