18, ORCHID MEADOW, PWLLMEYRIC, CHEPSTOW, NP16 6HP - £580,000

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 ORCHID MEADOW is a small extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £580,000 in October 2021, which was around 32% above the average October 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

18 ORCHID MEADOW Sold Prices

Land registry data shows two sales for 18 ORCHID MEADOW 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 18 ORCHID MEADOW sales were for above 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
2021 7 OCT	£580,000	£439,012	32% above HPI
2001 7 SEP	£213,000	£144,549	47% above HPI

18 ORCHID MEADOW 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 18 ORCHID MEADOW sales from September 2001 and October 2021 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 September 2001 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 18 ORCHID MEADOW?

18 ORCHID MEADOW is 137m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Pwllmeyric, based on EPC data. The below chart shows the distribution of detached houses by size in Pwllmeyric, and where 18 ORCHID MEADOW lies on this distribution: 30% of detached houses are smaller than 18 ORCHID MEADOW, and 68% of houses are larger. Note that EPC data is not available for all properties in Pwllmeyric.

18 ORCHID MEADOW: Plot and Title Map

18 ORCHID MEADOW sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 18 ORCHID MEADOW, 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 ORCHID MEADOW). 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 ORCHID MEADOW?

18 ORCHID MEADOW is located in PWLLMEYRIC, in the NP16 postcode district. The below map shows the position of No. 18 on ORCHID MEADOW.