3, THE HEADLAND, CHEPSTOW, NP16 5FA - £225,000

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 THE HEADLAND is a very small semi-detached house of 63m², built sometime between 1996 and 2002. It was last sold for £225,000 in August 2018, which was around 40% below the average August 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

3 THE HEADLAND Sold Prices

Land registry data shows three sales for 3 THE HEADLAND 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 3 THE HEADLAND 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
2018 10 AUG	£225,000	£376,592	40% below HPI
2015 31 JUL	£167,000	£296,199	44% below HPI
2002 10 MAY	£88,950	£166,313	47% below HPI

3 THE HEADLAND 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 3 THE HEADLAND sales between May 2002 and August 2018 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 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 THE HEADLAND?

3 THE HEADLAND is 63m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 THE HEADLAND lies on this distribution: 3% of detached houses are smaller than 3 THE HEADLAND, and 97% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

3 THE HEADLAND: Plot and Title Map

3 THE HEADLAND sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 THE HEADLAND, 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 THE HEADLAND). 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 THE HEADLAND?

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