23, JAMES STEPHENS WAY, CHEPSTOW, NP16 5GE - £272,000

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 JAMES STEPHENS WAY is a very small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £272,000 in February 2021, which was around 35% below the average February 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

23 JAMES STEPHENS WAY Sold Prices

Land registry data shows three sales for 23 JAMES STEPHENS WAY 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 JAMES STEPHENS WAY 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 19 FEB	£272,000	£418,138	35% below HPI
2015 15 MAY	£180,000	£293,395	39% below HPI
2008 3 OCT	£190,000	£280,564	32% below HPI

23 JAMES STEPHENS WAY 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 JAMES STEPHENS WAY sales between October 2008 and February 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 May 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 23 JAMES STEPHENS WAY?

23 JAMES STEPHENS WAY is 86m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 JAMES STEPHENS WAY lies on this distribution: 19% of detached houses are smaller than 23 JAMES STEPHENS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

23 JAMES STEPHENS WAY: Plot and Title Map

23 JAMES STEPHENS WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 23 JAMES STEPHENS WAY, 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 JAMES STEPHENS WAY). 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 JAMES STEPHENS WAY?

23 JAMES STEPHENS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 23 on JAMES STEPHENS WAY.