2, LEWIS WAY, CHEPSTOW, NP16 5TA - £230,000

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 LEWIS WAY is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £230,000 in June 2019, which was around 41% below the average June 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 LEWIS WAY Sold Prices

Land registry data shows two sales for 2 LEWIS WAY 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 LEWIS WAY 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
2019 21 JUN	£230,000	£391,734	41% below HPI
1997 8 APR	£64,000	£93,799	32% below HPI

2 LEWIS WAY 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 LEWIS WAY sales from April 1997 and June 2019 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 LEWIS WAY?

2 LEWIS WAY is 82m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% 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 LEWIS WAY lies on this distribution: 14% of detached houses are smaller than 2 LEWIS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 LEWIS WAY: Plot and Title Map

2 LEWIS WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 2 LEWIS WAY, 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 LEWIS WAY). 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 LEWIS WAY?

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