18, NORMANDY WAY, CHEPSTOW, NP16 5NB - £215,000

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

18 NORMANDY WAY is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £215,000 in February 2014, which was around 21% below the average February 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

18 NORMANDY WAY Sold Prices

Land registry data shows three sales for 18 NORMANDY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 18 NORMANDY WAY 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
2014 6 FEB	£215,000	£272,819	21% below HPI
2004 30 NOV	£175,000	£251,942	31% below HPI
1997 11 APR	£73,000	£93,799	22% below HPI

18 NORMANDY WAY 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 three 18 NORMANDY WAY sales between April 1997 and February 2014 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 November 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 NORMANDY WAY?

18 NORMANDY WAY is 98m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 18 NORMANDY WAY lies on this distribution: 32% of detached houses are smaller than 18 NORMANDY WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

18 NORMANDY WAY: Plot and Title Map

18 NORMANDY WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 18 NORMANDY WAY, 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 18 NORMANDY WAY). 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 18 NORMANDY WAY?

18 NORMANDY WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 18 on NORMANDY WAY.