2, TEMPEST DRIVE, CHEPSTOW, NP16 5AY - £273,000

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 TEMPEST DRIVE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £273,000 in September 2014, which was around 8% below the average September 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

2 TEMPEST DRIVE Sold Prices

Land registry data shows three sales for 2 TEMPEST DRIVE 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. Two of the three 2 TEMPEST DRIVE sales were for below the average price, whilst one was 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
2014 12 SEP	£273,000	£297,309	8% below HPI
2012 3 FEB	£270,000	£280,947	4% below HPI
1999 23 JUL	£140,000	£111,936	25% above HPI

2 TEMPEST DRIVE 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 TEMPEST DRIVE sales between July 1999 and September 2014 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 February 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 TEMPEST DRIVE?

2 TEMPEST DRIVE is 96m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 TEMPEST DRIVE lies on this distribution: 29% of detached houses are smaller than 2 TEMPEST DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 TEMPEST DRIVE: Plot and Title Map

2 TEMPEST DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 TEMPEST DRIVE, 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 TEMPEST DRIVE). 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 TEMPEST DRIVE?

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