13, TURNPIKE CLOSE, CHEPSTOW, NP16 5SD - £345,000

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

13 TURNPIKE CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £345,000 in December 2023, which was around 28% below the average December 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

13 TURNPIKE CLOSE Sold Prices

Land registry data shows two sales for 13 TURNPIKE CLOSE 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 13 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
2023 8 DEC	£345,000	£481,928	28% below HPI
1997 18 JUN	£74,000	£98,217	25% below HPI

13 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 two 13 TURNPIKE CLOSE sales from June 1997 and December 2023 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 June 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 13 TURNPIKE CLOSE be worth now?

13 TURNPIKE CLOSE might now be worth an estimated £348,680.

This is based on house price inflation of 1.1%, between December 2023 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 1.1% inflationary increase is applied to the most recent sale price for 13 TURNPIKE CLOSE of £345,000 on 8th December 2023. For the value to have increased from £345,000 to £348,680 over the one year to December 2024, the following assumptions must hold true:

• The value of 13 TURNPIKE CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 13 TURNPIKE CLOSE has not materially changed since December 2023.

How Large is 13 TURNPIKE CLOSE?

13 TURNPIKE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 13 TURNPIKE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 13 TURNPIKE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

13 TURNPIKE CLOSE: Plot and Title Map

13 TURNPIKE CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 13 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 13 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 13 TURNPIKE CLOSE?

13 TURNPIKE CLOSE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 13 on TURNPIKE CLOSE.