23, LEWIS WAY, CHEPSTOW, NP16 5TA - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 LEWIS WAY is a very small semi-detached house of 52m², built sometime between 1996 and 2002, which could now be worth an estimated £205,018. It was last sold for £195,000 in May 2024, which was around 31% below the average May 2024 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was A.

23 LEWIS WAY Sold Prices

Land registry data shows five sales for 23 LEWIS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 23 LEWIS 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
2024 1 MAY	£195,000	£281,698	31% below HPI
2005 9 DEC	£117,500	£160,138	27% below HPI
1997 28 NOV	£43,000	£56,894	24% below HPI
1997 28 FEB	£41,000	£52,180	21% below HPI
1996 26 APR	£38,950	£50,523	23% below HPI

23 LEWIS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 23 LEWIS WAY sales between April 1996 and May 2024 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 December 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 23 LEWIS WAY be worth now?

23 LEWIS WAY might now be worth an estimated £205,018.

This is based on house price inflation of 5.1%, between May 2024 and February 2025, for semi-detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for 23 LEWIS WAY of £195,000 on 1st May 2024. For the value to have increased from £195,000 to £205,018 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 23 LEWIS WAY has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The May 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LEWIS WAY has not materially changed since May 2024.

How Large is 23 LEWIS WAY?

23 LEWIS WAY is 52m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of semi-detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chepstow, and where 23 LEWIS WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 23 LEWIS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

23 LEWIS WAY: Plot and Title Map

23 LEWIS WAY sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 23 LEWIS 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 LEWIS 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 LEWIS WAY?

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