2, MIDDLE WAY, BULWARK, CHEPSTOW, NP16 5QR - £180,000

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 MIDDLE WAY is a small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £180,000 in April 2010, which was around 36% below the average April 2010 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

2 MIDDLE WAY Sold Prices

Land registry data shows three sales for 2 MIDDLE WAY since 1^st 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 MIDDLE 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
2010 20 APR	£180,000	£282,456	36% below HPI
2005 15 JUL	£167,250	£266,804	37% below HPI
2000 24 NOV	£92,950	£132,941	30% below HPI

2 MIDDLE 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 three 2 MIDDLE WAY sales between November 2000 and April 2010 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 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2010 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 MIDDLE WAY be worth now?

2 MIDDLE WAY might now be worth an estimated £310,393.

This is based on house price inflation of 72.4%, between April 2010 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 72.4% inflationary increase is applied to the most recent sale price for 2 MIDDLE WAY of £180,000 on 20th April 2010. For the value to have increased from £180,000 to £310,393 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 2 MIDDLE WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The April 2010 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MIDDLE WAY has not materially changed since April 2010.

How Large is 2 MIDDLE WAY?

2 MIDDLE WAY is 91m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 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 MIDDLE WAY lies on this distribution: 25% of detached houses houses are smaller than 2 MIDDLE WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 MIDDLE WAY: Plot and Title Map

2 MIDDLE WAY sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 2 MIDDLE 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 MIDDLE 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 MIDDLE WAY?

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