16, SUMMERHOUSE LANE, CHEPSTOW, NP16 5SP - £269,000

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.

16 SUMMERHOUSE LANE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £337,155. It was last sold for £269,000 in June 2019, which was around 31% below the average June 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

16 SUMMERHOUSE LANE Sold Prices

Land registry data shows two sales for 16 SUMMERHOUSE LANE 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 SUMMERHOUSE LANE 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
2019 28 JUN	£269,000	£392,540	31% below HPI
2001 28 AUG	£83,000	£143,825	42% below HPI

16 SUMMERHOUSE LANE 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 SUMMERHOUSE LANE sales from August 2001 and June 2019 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 August 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 16 SUMMERHOUSE LANE be worth now?

16 SUMMERHOUSE LANE might now be worth an estimated £337,155.

This is based on house price inflation of 25.3%, between June 2019 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 25.3% inflationary increase is applied to the most recent sale price for 16 SUMMERHOUSE LANE of £269,000 on 28th June 2019. For the value to have increased from £269,000 to £337,155 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 16 SUMMERHOUSE LANE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2019 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SUMMERHOUSE LANE has not materially changed since June 2019.

How Large is 16 SUMMERHOUSE LANE?

16 SUMMERHOUSE LANE is 107m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 50% 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 16 SUMMERHOUSE LANE lies on this distribution: 41% of detached houses houses are smaller than 16 SUMMERHOUSE LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

16 SUMMERHOUSE LANE: Plot and Title Map

16 SUMMERHOUSE LANE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 16 SUMMERHOUSE LANE, 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 SUMMERHOUSE LANE). 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 SUMMERHOUSE LANE?

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