4, THORN TREE DRIVE, CHEPSTOW, NP16 5SH - £136,500

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 THORN TREE DRIVE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £136,500 in June 2007, which was around 51% below the average June 2007 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

4 THORN TREE DRIVE Sold Prices

Land registry data shows three sales for 4 THORN TREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 4 THORN TREE DRIVE 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
2007 15 JUN	£136,500	£277,619	51% below HPI
2004 8 OCT	£110,000	£251,041	56% below HPI
2000 28 JAN	£52,500	£119,153	56% below HPI

4 THORN TREE DRIVE 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 three 4 THORN TREE DRIVE sales between January 2000 and June 2007 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 2004 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2007 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 4 THORN TREE DRIVE?

4 THORN TREE DRIVE is 56m² according to the EPC inspection conducted in November 2022. 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 4 THORN TREE DRIVE lies on this distribution: 1% of detached houses are smaller than 4 THORN TREE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

4 THORN TREE DRIVE: Plot and Title Map

4 THORN TREE DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 4 THORN TREE DRIVE, 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 THORN TREE DRIVE). 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 THORN TREE DRIVE?

4 THORN TREE DRIVE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 4 on THORN TREE DRIVE.