2, CLARENDON CLOSE, CHEPSTOW, NP16 5TL - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CLARENDON CLOSE is a large extended detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £406,507. It was last sold for £325,000 in May 2020, which was around 17% below the average May 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 CLARENDON CLOSE Sold Prices

Land registry data shows five sales for 2 CLARENDON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 2 CLARENDON 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
2020 19 MAY	£325,000	£389,408	17% below HPI
2016 19 AUG	£243,000	£316,161	23% below HPI
2007 11 MAY	£235,000	£272,002	14% below HPI
2002 23 AUG	£149,995	£171,698	13% below HPI
1995 12 APR	£85,995	£89,837	4% below HPI

2 CLARENDON 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 five 2 CLARENDON CLOSE sales between April 1995 and May 2020 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 CLARENDON CLOSE be worth now?

2 CLARENDON CLOSE might now be worth an estimated £406,507.

This is based on house price inflation of 25.1%, between May 2020 and December 2024, 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 25.1% inflationary increase is applied to the most recent sale price for 2 CLARENDON CLOSE of £325,000 on 19th May 2020. For the value to have increased from £325,000 to £406,507 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 2 CLARENDON CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CLARENDON CLOSE has not materially changed since May 2020.

How Large is 2 CLARENDON CLOSE?

2 CLARENDON CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 2 CLARENDON CLOSE lies on this distribution: 62% of detached houses houses are smaller than 2 CLARENDON CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 CLARENDON CLOSE: Plot and Title Map

2 CLARENDON CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 CLARENDON 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 CLARENDON 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 CLARENDON CLOSE?

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