37, SUMMERHOUSE LANE, CHEPSTOW, NP16 5SP - £239,950

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.

37 SUMMERHOUSE LANE is a very small semi-detached house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £248,325. It was last sold for £239,950 in August 2022, which was around 16% below the average August 2022 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

37 SUMMERHOUSE LANE Sold Prices

Land registry data shows three sales for 37 SUMMERHOUSE LANE 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 37 SUMMERHOUSE 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
2022 5 AUG	£239,950	£284,926	16% below HPI
2018 12 OCT	£168,000	£224,577	25% below HPI
2001 4 APR	£64,000	£76,480	16% below HPI

37 SUMMERHOUSE LANE 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 37 SUMMERHOUSE LANE sales between April 2001 and August 2022 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 37 SUMMERHOUSE LANE be worth now?

37 SUMMERHOUSE LANE might now be worth an estimated £248,325.

This is based on house price inflation of 3.5%, between August 2022 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 3.5% inflationary increase is applied to the most recent sale price for 37 SUMMERHOUSE LANE of £239,950 on 5th August 2022. For the value to have increased from £239,950 to £248,325 over the three years and five months to March 2025, the following assumptions must hold true:

• The value of 37 SUMMERHOUSE LANE has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The August 2022 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 37 SUMMERHOUSE LANE has not materially changed since August 2022.

How Large is 37 SUMMERHOUSE LANE?

37 SUMMERHOUSE LANE is 52m² according to the EPC inspection conducted in May 2022. 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 37 SUMMERHOUSE LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 37 SUMMERHOUSE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

37 SUMMERHOUSE LANE: Plot and Title Map

37 SUMMERHOUSE LANE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 37 SUMMERHOUSE 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 37 SUMMERHOUSE 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.

Where is 37 SUMMERHOUSE LANE?

37 SUMMERHOUSE LANE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 37 on SUMMERHOUSE LANE.