3, WATERS ROAD, CHEPSTOW, NP16 5EE - £155,800

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.

3 WATERS ROAD is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £218,732. It was last sold for £155,800 in February 2018, which was around 26% below the average February 2018 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

3 WATERS ROAD Sold Prices

Land registry data shows three sales for 3 WATERS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 3 WATERS ROAD 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 16 FEB	£155,800	£210,033	26% below HPI
2006 31 MAR	£124,000	£160,883	23% below HPI
2003 14 MAR	£93,500	£110,321	15% below HPI

3 WATERS ROAD 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 three 3 WATERS ROAD sales between March 2003 and February 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 March 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 WATERS ROAD be worth now?

3 WATERS ROAD might now be worth an estimated £218,732.

This is based on house price inflation of 40.4%, between February 2018 and March 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 40.4% inflationary increase is applied to the most recent sale price for 3 WATERS ROAD of £155,800 on 16th February 2018. For the value to have increased from £155,800 to £218,732 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 3 WATERS ROAD has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The February 2018 sale price of £155,800 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERS ROAD has not materially changed since February 2018.

How Large is 3 WATERS ROAD?

3 WATERS ROAD is 58m² according to the EPC inspection conducted in September 2017. 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 3 WATERS ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 3 WATERS ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

3 WATERS ROAD: Plot and Title Map

3 WATERS ROAD sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 3 WATERS ROAD, 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 WATERS ROAD). 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 WATERS ROAD?

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