36, LEWIS WAY, CHEPSTOW, NP16 5TA - £315,000

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

36 LEWIS WAY is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £315,000 in November 2023, which was around 36% below the average November 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

36 LEWIS WAY Sold Prices

Land registry data shows six sales for 36 LEWIS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the six 36 LEWIS 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 22 NOV	£315,000	£489,918	36% below HPI
2018 22 JUN	£245,000	£357,010	31% below HPI
2017 10 MAR	£205,000	£332,688	38% below HPI
2013 22 FEB	£171,500	£273,607	37% below HPI
2006 3 JUL	£175,000	£276,697	37% below HPI
1996 14 JUN	£61,000	£86,393	29% below HPI

36 LEWIS 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 six 36 LEWIS WAY sales between June 1996 and November 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 June 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 36 LEWIS WAY?

36 LEWIS WAY is 73m² according to the EPC inspection conducted in May 2023. 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 36 LEWIS WAY lies on this distribution: 6% of detached houses are smaller than 36 LEWIS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

36 LEWIS WAY: Plot and Title Map

36 LEWIS WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 36 LEWIS 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 36 LEWIS 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 36 LEWIS WAY?

36 LEWIS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 36 on LEWIS WAY.