22, CHESTNUT DRIVE, ABERGAVENNY, NP7 5JZ - £254,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 CHESTNUT DRIVE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £254,000 in April 2018, which was around 28% below the average April 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

22 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 22 CHESTNUT 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. All of the three 22 CHESTNUT 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
2018 12 APR	£254,000	£353,822	28% below HPI
2007 4 JAN	£245,000	£286,581	15% below HPI
2001 16 NOV	£124,950	£146,999	15% below HPI

22 CHESTNUT 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 22 CHESTNUT DRIVE sales between November 2001 and April 2018 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 January 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 22 CHESTNUT DRIVE?

22 CHESTNUT DRIVE is 92m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Abergavenny, based on EPC data. The below chart shows the distribution of detached houses by size in Abergavenny, and where 22 CHESTNUT DRIVE lies on this distribution: 25% of detached houses are smaller than 22 CHESTNUT DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Abergavenny.

22 CHESTNUT DRIVE: Plot and Title Map

22 CHESTNUT DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 22 CHESTNUT 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 22 CHESTNUT 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 22 CHESTNUT DRIVE?

22 CHESTNUT DRIVE is located in ABERGAVENNY, in the NP7 postcode district. The below map shows the position of No. 22 on CHESTNUT DRIVE.