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
4 CIDER MILL CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £372,500 in August 2022, which was around 22% below the average August 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 4 CIDER MILL CLOSE since 1st 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 4 CIDER MILL CLOSE 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 19 AUG | £372,500 | £476,185 | 22% below HPI |
2015 11 DEC | £230,000 | £310,654 | 26% below HPI |
2007 6 JUL | £244,000 | £290,457 | 16% below HPI |
2004 27 AUG | £180,000 | £245,756 | 27% below HPI |
2002 8 FEB | £108,000 | £151,682 | 29% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 4 CIDER MILL CLOSE sales between February 2002 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 December 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
4 CIDER MILL CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 4 CIDER MILL CLOSE lies on this distribution: 62% of detached houses are smaller than 4 CIDER MILL CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Chepstow.
4 CIDER MILL CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 4 CIDER MILL CLOSE, 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 4 CIDER MILL CLOSE). 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.
4 CIDER MILL CLOSE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 4 on CIDER MILL CLOSE.