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 WALK is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £289,950 in November 2015, which was around 5% below the average November 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 2 MEADOW WALK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 2 MEADOW WALK 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 |
---|---|---|---|
2015 10 NOV | £289,950 | £305,213 | 5% below HPI |
2010 2 JUL | £205,000 | £273,623 | 25% below HPI |
2004 8 NOV | £180,000 | £251,942 | 29% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 2 MEADOW WALK sales between November 2004 and November 2015 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 July 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
2 MEADOW WALK is 84m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 MEADOW WALK lies on this distribution: 17% of detached houses are smaller than 2 MEADOW WALK, and 83% of houses are larger. Note that EPC data is not available for all properties in Chepstow.
2 MEADOW WALK sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 MEADOW WALK, 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 WALK). 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.
2 MEADOW WALK is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 2 on MEADOW WALK.