5, ALCOVE WOOD, CHEPSTOW, NP16 6DT - £670,000

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

5 ALCOVE WOOD is a large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £670,000 in July 2021, which was around 62% above the average July 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

5 ALCOVE WOOD Sold Prices

Land registry data shows four sales for 5 ALCOVE WOOD 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 5 ALCOVE WOOD sales were for above 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
2021 26 JUL	£670,000	£413,607	62% above HPI
2016 29 JAN	£490,000	£313,375	56% above HPI
2014 10 JUL	£440,000	£285,295	54% above HPI
2003 25 APR	£329,950	£198,747	66% above HPI

5 ALCOVE WOOD 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 5 ALCOVE WOOD sales between April 2003 and July 2021 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 January 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 5 ALCOVE WOOD?

5 ALCOVE WOOD is 144m² according to the EPC inspection conducted in January 2009. This puts it in the largest 30% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 5 ALCOVE WOOD lies on this distribution: 75% of detached houses are smaller than 5 ALCOVE WOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

5 ALCOVE WOOD: Plot and Title Map

5 ALCOVE WOOD sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 5 ALCOVE WOOD, 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 5 ALCOVE WOOD). 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 5 ALCOVE WOOD?

5 ALCOVE WOOD is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 5 on ALCOVE WOOD.