2, HIGH VIEW, CHEPSTOW, NP16 5QB - £470,000

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 HIGH VIEW is a large detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £489,986. It was last sold for £470,000 in July 2022, which was around 1% above the average July 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 HIGH VIEW Sold Prices

Land registry data shows two sales for 2 HIGH VIEW 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 2 HIGH VIEW 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
2022 18 JUL	£470,000	£467,201	1% above HPI
1997 11 APR	£121,000	£93,992	29% above HPI

2 HIGH VIEW 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 2 HIGH VIEW sales from April 1997 and July 2022 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 April 1997 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 HIGH VIEW be worth now?

2 HIGH VIEW might now be worth an estimated £489,986.

This is based on house price inflation of 4.3%, between July 2022 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 4.3% inflationary increase is applied to the most recent sale price for 2 HIGH VIEW of £470,000 on 18th July 2022. For the value to have increased from £470,000 to £489,986 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 2 HIGH VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGH VIEW has not materially changed since July 2022.

How Large is 2 HIGH VIEW?

2 HIGH VIEW is 141m² according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 HIGH VIEW lies on this distribution: 72% of detached houses houses are smaller than 2 HIGH VIEW, and 27% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 HIGH VIEW: Plot and Title Map

2 HIGH VIEW sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 HIGH VIEW, 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 HIGH VIEW). 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 HIGH VIEW?

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