2, THORN TREE DRIVE, CHEPSTOW, NP16 5SH - £302,000

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 THORN TREE DRIVE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £302,000 in August 2021, which was around 28% below the average August 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 THORN TREE DRIVE Sold Prices

Land registry data shows eight sales for 2 THORN TREE DRIVE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the eight 2 THORN TREE DRIVE 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
2021 24 AUG	£302,000	£420,652	28% below HPI
2013 27 SEP	£195,000	£265,243	26% below HPI
2006 29 SEP	£180,000	£282,214	36% below HPI
2002 31 MAY	£122,000	£166,313	27% below HPI
2000 29 NOV	£90,500	£132,668	32% below HPI
1999 5 FEB	£78,000	£110,408	29% below HPI
1998 3 APR	£73,000	£100,976	28% below HPI
1996 17 MAY	£69,950	£90,553	23% below HPI

2 THORN TREE 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 eight 2 THORN TREE DRIVE sales between May 1996 and August 2021 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 September 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 THORN TREE DRIVE?

2 THORN TREE DRIVE is 96m² according to the EPC inspection conducted in February 2013. 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 THORN TREE DRIVE lies on this distribution: 29% of detached houses are smaller than 2 THORN TREE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 THORN TREE DRIVE: Plot and Title Map

2 THORN TREE DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2 THORN TREE 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 THORN TREE 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 THORN TREE DRIVE?

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