4, CIDER MILL CLOSE, CHEPSTOW, NP16 5RY - £372,500

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.

4 CIDER MILL CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £384,079. 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.

4 CIDER MILL CLOSE Sold Prices

Land registry data shows five sales for 4 CIDER MILL CLOSE 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 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	£477,164	22% below HPI
2015 11 DEC	£230,000	£311,293	26% below HPI
2007 6 JUL	£244,000	£291,055	16% below HPI
2004 27 AUG	£180,000	£246,262	27% below HPI
2002 8 FEB	£108,000	£151,994	29% below HPI

4 CIDER MILL CLOSE 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 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.

What might 4 CIDER MILL CLOSE be worth now?

4 CIDER MILL CLOSE might now be worth an estimated £384,079.

This is based on house price inflation of 3.1%, between August 2022 and February 2025, for 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 3.1% inflationary increase is applied to the most recent sale price for 4 CIDER MILL CLOSE of £372,500 on 19th August 2022. For the value to have increased from £372,500 to £384,079 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 4 CIDER MILL CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2022 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CIDER MILL CLOSE has not materially changed since August 2022.

How Large is 4 CIDER MILL CLOSE?

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 houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chepstow, and where 4 CIDER MILL CLOSE lies on this distribution: 62% of detached houses 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: Plot and Title Map

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.

Where is 4 CIDER MILL CLOSE?

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.