14, TURNPIKE CLOSE, CHEPSTOW, NP16 5SD - £225,000

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

14 TURNPIKE CLOSE is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2007, which was around 23% below the average July 2007 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

14 TURNPIKE CLOSE Sold Prices

Land registry data shows two sales for 14 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 14 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
2007 10 JUL	£225,000	£290,457	23% below HPI
2002 25 MAR	£125,000	£155,077	19% below HPI

14 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 14 TURNPIKE CLOSE sales from March 2002 and July 2007 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2007 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 TURNPIKE CLOSE?

14 TURNPIKE CLOSE is 87m² according to the EPC inspection conducted in August 2013. 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 14 TURNPIKE CLOSE lies on this distribution: 20% of detached houses are smaller than 14 TURNPIKE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

14 TURNPIKE CLOSE: Plot and Title Map

14 TURNPIKE CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 14 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 14 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 14 TURNPIKE CLOSE?

14 TURNPIKE CLOSE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 14 on TURNPIKE CLOSE.