2, MEADOW LANE, CHEPSTOW, NP16 5AW - £280,000

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 MEADOW LANE is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £280,000 in March 2009, which was around 13% above the average March 2009 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

2 MEADOW LANE Sold Prices

Land registry data shows two sales for 2 MEADOW LANE 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. One of the two 2 MEADOW LANE sales was for above the average price, whilst the other was 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
2009 18 MAR	£280,000	£248,443	13% above HPI
2000 14 JAN	£101,000	£119,153	15% below HPI

2 MEADOW LANE 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 MEADOW LANE sales from January 2000 and March 2009 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 January 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2009 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 MEADOW LANE?

2 MEADOW LANE is 145m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 30% 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 MEADOW LANE lies on this distribution: 75% of detached houses are smaller than 2 MEADOW LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 MEADOW LANE: Plot and Title Map

2 MEADOW LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 MEADOW LANE, 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 MEADOW LANE). 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 MEADOW LANE?

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