2, NEWPORT ROAD, CHEPSTOW, NP16 5BA - £378,000

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 NEWPORT ROAD is a large extended semi-detached house of 158m², built sometime between 1930 and 1949. It was last sold for £378,000 in November 2015, which was around 24% above the average November 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

2 NEWPORT ROAD Sold Prices

Land registry data shows four sales for 2 NEWPORT ROAD 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. Most of the four 2 NEWPORT ROAD 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
2015 4 NOV	£378,000	£305,213	24% above HPI
2010 3 DEC	£318,000	£280,326	13% above HPI
2009 10 JUL	£312,500	£253,840	23% above HPI
2004 1 NOV	£250,000	£251,942	1% below HPI

2 NEWPORT ROAD 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 NEWPORT ROAD 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 December 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2015 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 NEWPORT ROAD?

2 NEWPORT ROAD is 158m², which includes one extension, according to the EPC inspection conducted in October 2010. 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 NEWPORT ROAD lies on this distribution: 80% of detached houses are smaller than 2 NEWPORT ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 NEWPORT ROAD: Plot and Title Map

2 NEWPORT ROAD sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 2 NEWPORT ROAD, 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 NEWPORT ROAD). 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 NEWPORT ROAD?

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