48, LEWIS WAY, CHEPSTOW, NP16 5TA - £181,500

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

48 LEWIS WAY is a very small semi-detached house of 53m², built sometime between 1991 and 1995. It was last sold for £181,500 in May 2018, which was around 49% below the average May 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was A.

48 LEWIS WAY Sold Prices

Land registry data shows four sales for 48 LEWIS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 48 LEWIS WAY 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
2018 4 MAY	£181,500	£356,678	49% below HPI
2007 11 SEP	£140,000	£305,456	54% below HPI
1999 27 AUG	£47,000	£113,115	58% below HPI
1996 29 FEB	£39,950	£87,343	54% below HPI

48 LEWIS WAY 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 four 48 LEWIS WAY sales between February 1996 and May 2018 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 September 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2018 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 48 LEWIS WAY?

48 LEWIS WAY is 53m² according to the EPC inspection conducted in February 2014. 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 48 LEWIS WAY lies on this distribution: 1% of detached houses are smaller than 48 LEWIS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

48 LEWIS WAY: Plot and Title Map

48 LEWIS WAY sits on a plot of roughly 0.038 of an acre, or 156m². The below map shows the location of 48 LEWIS WAY, 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 48 LEWIS WAY). 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 48 LEWIS WAY?

48 LEWIS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 48 on LEWIS WAY.