3, MOUNT WAY, CHEPSTOW, NP16 5NF - £565,000

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

3 MOUNT WAY is a midsized extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £565,000 in February 2024, which was around 20% above the average February 2024 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was B.

3 MOUNT WAY Sold Prices

Land registry data shows six sales for 3 MOUNT WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the six 3 MOUNT WAY sales were for above 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 2 FEB	£565,000	£472,707	20% above HPI
2021 2 DEC	£530,000	£437,455	21% above HPI
2014 27 AUG	£330,000	£294,894	12% above HPI
2004 9 DEC	£292,500	£252,807	16% above HPI
2003 4 JUL	£250,000	£194,382	29% above HPI
1995 1 SEP	£120,000	£87,098	38% above HPI

3 MOUNT 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 six 3 MOUNT WAY sales between September 1995 and February 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 2021 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 3 MOUNT WAY?

3 MOUNT WAY is 124m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 3 MOUNT WAY lies on this distribution: 58% of detached houses are smaller than 3 MOUNT WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

3 MOUNT WAY: Plot and Title Map

3 MOUNT WAY sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 3 MOUNT 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 3 MOUNT 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 3 MOUNT WAY?

3 MOUNT WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 3 on MOUNT WAY.