3, RIVER VIEW, CHEPSTOW, NP16 5AX - £185,000

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 RIVER VIEW is a midsized extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £185,000 in May 2010, which was around 33% below the average May 2010 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.

3 RIVER VIEW Sold Prices

Land registry data shows four sales for 3 RIVER VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 3 RIVER 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
2010 28 MAY	£185,000	£276,013	33% below HPI
2008 29 AUG	£173,000	£282,256	39% below HPI
2000 25 JUL	£89,950	£128,059	30% below HPI
1998 23 JAN	£74,000	£100,609	26% below HPI

3 RIVER 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 four 3 RIVER VIEW sales between January 1998 and May 2010 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 August 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2010 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 RIVER VIEW?

3 RIVER VIEW is 120m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 RIVER VIEW lies on this distribution: 55% of detached houses are smaller than 3 RIVER VIEW, and 44% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

3 RIVER VIEW: Plot and Title Map

3 RIVER VIEW sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 3 RIVER 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 3 RIVER 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 3 RIVER VIEW?

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