4, OAKFIELD AVENUE, CHEPSTOW, NP16 5NE - £180,000

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

4 OAKFIELD AVENUE is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £180,000 in April 2014, which was around 36% below the average April 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

4 OAKFIELD AVENUE Sold Prices

Land registry data shows two sales for 4 OAKFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 4 OAKFIELD AVENUE 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
2014 15 APR	£180,000	£281,792	36% below HPI
1996 31 MAY	£65,000	£90,553	28% below HPI

4 OAKFIELD AVENUE 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 two 4 OAKFIELD AVENUE sales from May 1996 and April 2014 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 May 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 4 OAKFIELD AVENUE?

4 OAKFIELD AVENUE is 84m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% 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 OAKFIELD AVENUE lies on this distribution: 16% of detached houses are smaller than 4 OAKFIELD AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

4 OAKFIELD AVENUE: Plot and Title Map

4 OAKFIELD AVENUE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 4 OAKFIELD AVENUE, 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 OAKFIELD AVENUE). 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 OAKFIELD AVENUE?

4 OAKFIELD AVENUE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 4 on OAKFIELD AVENUE.