2, PRIORY CLOSE, CHEPSTOW, NP16 5ND - £222,500

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 PRIORY CLOSE is a very small semi-detached house of 71m², built sometime between 1967 and 1975. It was last sold for £222,500 in January 2017, which was around 17% above the average January 2017 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

2 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 2 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 2 PRIORY CLOSE 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
2017 20 JAN	£222,500	£190,568	17% above HPI
2012 14 JUN	£171,000	£164,320	4% above HPI
2006 11 OCT	£186,000	£170,689	9% above HPI

2 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 2 PRIORY CLOSE sales between October 2006 and January 2017 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 June 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 PRIORY CLOSE be worth now?

2 PRIORY CLOSE might now be worth an estimated £343,323.

This is based on house price inflation of 54.3%, between January 2017 and December 2024, for semi-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 54.3% inflationary increase is applied to the most recent sale price for 2 PRIORY CLOSE of £222,500 on 20th January 2017. For the value to have increased from £222,500 to £343,323 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 2 PRIORY CLOSE has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The January 2017 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY CLOSE has not materially changed since January 2017.

How Large is 2 PRIORY CLOSE?

2 PRIORY CLOSE is 71m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of semi-detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chepstow, and where 2 PRIORY CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 PRIORY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 PRIORY CLOSE: Plot and Title Map

2 PRIORY CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 PRIORY CLOSE, 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 PRIORY CLOSE). 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 PRIORY CLOSE?

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