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

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

16 SUMMERHOUSE LANE is a midsized detached house of 107m², built sometime between 1991 and 1995. 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	£391,734	31% below HPI
2001 28 AUG	£83,000	£143,529	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.

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 in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 16 SUMMERHOUSE LANE lies on this distribution: 41% of detached 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 0.046 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.