2, LARKFIELD GROVE, CHEPSTOW, NP16 5UF - £575,000

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 LARKFIELD GROVE is a very large extended detached house of 164m², built sometime between 2003 and 2006. It was last sold for £575,000 in August 2023, which was around 20% above the average August 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 LARKFIELD GROVE Sold Prices

Land registry data shows four sales for 2 LARKFIELD GROVE 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 LARKFIELD GROVE 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
2023 16 AUG	£575,000	£480,569	20% above HPI
2015 12 MAR	£364,950	£294,055	24% above HPI
2003 29 AUG	£289,950	£199,594	45% above HPI
2003 27 JUN	£250,000	£196,103	27% above HPI

2 LARKFIELD GROVE 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 LARKFIELD GROVE sales between June 2003 and August 2023 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 March 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2023 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 LARKFIELD GROVE be worth now?

2 LARKFIELD GROVE might now be worth an estimated £582,776.

This is based on house price inflation of 1.4%, between August 2023 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 1.4% inflationary increase is applied to the most recent sale price for 2 LARKFIELD GROVE of £575,000 on 16th August 2023. For the value to have increased from £575,000 to £582,776 over the eight months to December 2024, the following assumptions must hold true:

• The value of 2 LARKFIELD GROVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2023 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARKFIELD GROVE has not materially changed since August 2023.

How Large is 2 LARKFIELD GROVE?

2 LARKFIELD GROVE is 164m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% 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 LARKFIELD GROVE lies on this distribution: 82% of detached houses houses are smaller than 2 LARKFIELD GROVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 LARKFIELD GROVE: Plot and Title Map

2 LARKFIELD GROVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 2 LARKFIELD GROVE, 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 LARKFIELD GROVE). 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 LARKFIELD GROVE?

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