32, JAMES STEPHENS WAY, CHEPSTOW, NP16 5GE - £335,000

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

32 JAMES STEPHENS WAY is a very small detached house of 84m², built sometime between 2007 and 2011. It was last sold for £335,000 in December 2023, which was around 30% below the average December 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

32 JAMES STEPHENS WAY Sold Prices

Land registry data shows five sales for 32 JAMES STEPHENS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 32 JAMES STEPHENS WAY 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
2023 8 DEC	£335,000	£481,846	30% below HPI
2022 14 OCT	£315,000	£481,807	35% below HPI
2021 17 SEP	£280,000	£431,459	35% below HPI
2014 21 NOV	£177,000	£302,748	42% below HPI
2008 13 JUN	£205,495	£274,824	25% below HPI

32 JAMES STEPHENS 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 five 32 JAMES STEPHENS WAY sales between June 2008 and December 2023 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 October 2022 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 32 JAMES STEPHENS WAY?

32 JAMES STEPHENS WAY is 84m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 32 JAMES STEPHENS WAY lies on this distribution: 16% of detached houses are smaller than 32 JAMES STEPHENS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

32 JAMES STEPHENS WAY: Plot and Title Map

32 JAMES STEPHENS WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 32 JAMES STEPHENS 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 32 JAMES STEPHENS 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 32 JAMES STEPHENS WAY?

32 JAMES STEPHENS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 32 on JAMES STEPHENS WAY.