28, PIERCEFIELD AVENUE, CHEPSTOW, NP16 5JB - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 PIERCEFIELD AVENUE is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £227,500 in April 2011, which was around 17% below the average April 2011 detached price in the Monmouthshire local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

28 PIERCEFIELD AVENUE Sold Prices

Land registry data shows two sales for 28 PIERCEFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 28 PIERCEFIELD AVENUE 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
2011 28 APR	£227,500	£275,323	17% below HPI
2000 21 JUL	£127,500	£128,322	1% below HPI

28 PIERCEFIELD AVENUE 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 two 28 PIERCEFIELD AVENUE sales from July 2000 and April 2011 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 July 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 28 PIERCEFIELD AVENUE be worth now?

28 PIERCEFIELD AVENUE might now be worth an estimated £402,465.

This is based on house price inflation of 76.9%, between April 2011 and December 2024, for 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 76.9% inflationary increase is applied to the most recent sale price for 28 PIERCEFIELD AVENUE of £227,500 on 28th April 2011. For the value to have increased from £227,500 to £402,465 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of 28 PIERCEFIELD AVENUE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The April 2011 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 28 PIERCEFIELD AVENUE has not materially changed since April 2011.

How Large is 28 PIERCEFIELD AVENUE?

28 PIERCEFIELD AVENUE is 98m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% of detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chepstow, and where 28 PIERCEFIELD AVENUE lies on this distribution: 33% of detached houses houses are smaller than 28 PIERCEFIELD AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

28 PIERCEFIELD AVENUE: Plot and Title Map

28 PIERCEFIELD AVENUE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 28 PIERCEFIELD AVENUE, 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 28 PIERCEFIELD AVENUE). 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 28 PIERCEFIELD AVENUE?

28 PIERCEFIELD AVENUE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 28 on PIERCEFIELD AVENUE.