16, OAKFIELD AVENUE, CHEPSTOW, NP16 5NE - £379,950

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

16 OAKFIELD AVENUE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £379,950 in December 2023, which was around 21% below the average December 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

16 OAKFIELD AVENUE Sold Prices

Land registry data shows two sales for 16 OAKFIELD AVENUE 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 16 OAKFIELD AVENUE 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 19 DEC	£379,950	£481,846	21% below HPI
2002 12 FEB	£128,000	£151,682	16% below HPI

16 OAKFIELD AVENUE 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 16 OAKFIELD AVENUE sales from February 2002 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 February 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 OAKFIELD AVENUE?

16 OAKFIELD AVENUE is 94m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 16 OAKFIELD AVENUE lies on this distribution: 28% of detached houses are smaller than 16 OAKFIELD AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

16 OAKFIELD AVENUE: Plot and Title Map

16 OAKFIELD AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 16 OAKFIELD AVENUE, 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 16 OAKFIELD AVENUE). 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 16 OAKFIELD AVENUE?

16 OAKFIELD AVENUE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 16 on OAKFIELD AVENUE.