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
34 VALENTINE LANE is a midsized extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £335,000 in April 2021, which was around 17% below the average April 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 34 VALENTINE LANE since 1st 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 34 VALENTINE LANE 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 |
---|---|---|---|
2021 30 APR | £335,000 | £405,021 | 17% below HPI |
2004 5 MAR | £173,000 | £222,005 | 22% below HPI |
2001 23 FEB | £118,950 | £135,385 | 12% below HPI |
1995 2 OCT | £79,950 | £86,059 | 7% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 34 VALENTINE LANE sales between October 1995 and April 2021 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
34 VALENTINE LANE is 118m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 34 VALENTINE LANE lies on this distribution: 54% of detached houses are smaller than 34 VALENTINE LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Chepstow.
34 VALENTINE LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 34 VALENTINE LANE, 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 34 VALENTINE LANE). 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.
34 VALENTINE LANE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 34 on VALENTINE LANE.