23, FAIR VIEW, CHEPSTOW, NP16 5BX - £333,000

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

23 FAIR VIEW is a midsized detached house of 111m², built sometime between 1967 and 1975. It was last sold for £333,000 in October 2019, which was around 14% below the average October 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

23 FAIR VIEW Sold Prices

Land registry data shows three sales for 23 FAIR VIEW 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 23 FAIR VIEW 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
2019 3 OCT	£333,000	£388,490	14% below HPI
2017 31 MAR	£275,000	£332,688	17% below HPI
2004 21 MAY	£220,000	£227,296	3% below HPI

23 FAIR VIEW 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 23 FAIR VIEW sales between May 2004 and October 2019 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 March 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 FAIR VIEW?

23 FAIR VIEW is 111m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 23 FAIR VIEW lies on this distribution: 44% of detached houses are smaller than 23 FAIR VIEW, and 55% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

23 FAIR VIEW: Plot and Title Map

23 FAIR VIEW sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of 23 FAIR VIEW, 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 23 FAIR VIEW). 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 23 FAIR VIEW?

23 FAIR VIEW is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 23 on FAIR VIEW.