2, CIDER MILL CLOSE, CHEPSTOW, NP16 5RY - £204,000

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

2 CIDER MILL CLOSE is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £204,000 in November 2014, which was around 33% below the average November 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 CIDER MILL CLOSE Sold Prices

Land registry data shows four sales for 2 CIDER MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 2 CIDER MILL CLOSE 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 7 NOV	£204,000	£302,748	33% below HPI
2002 7 AUG	£123,950	£171,345	28% below HPI
1999 16 JUL	£77,500	£111,936	31% below HPI
1996 20 SEP	£72,000	£94,098	23% below HPI

2 CIDER MILL CLOSE 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 four 2 CIDER MILL CLOSE sales between September 1996 and November 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 August 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 CIDER MILL CLOSE?

2 CIDER MILL CLOSE is 97m² according to the EPC inspection conducted in April 2014. 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 2 CIDER MILL CLOSE lies on this distribution: 31% of detached houses are smaller than 2 CIDER MILL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 CIDER MILL CLOSE: Plot and Title Map

2 CIDER MILL CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 CIDER MILL CLOSE, 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 2 CIDER MILL CLOSE). 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 2 CIDER MILL CLOSE?

2 CIDER MILL CLOSE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 2 on CIDER MILL CLOSE.