5, BISHOPS CLOSE, CHEPSTOW, NP16 5TE - £65,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 BISHOPS CLOSE is a very small semi-detached house of 53m², built sometime between 1991 and 1995. It was last sold for £65,000 in September 2001, which was around 55% below the average September 2001 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

5 BISHOPS CLOSE Sold Prices

Land registry data shows two sales for 5 BISHOPS CLOSE 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 5 BISHOPS 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
2001 6 SEP	£65,000	£144,549	55% below HPI
1995 25 JAN	£44,950	£91,041	51% below HPI

5 BISHOPS 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 two 5 BISHOPS CLOSE sales from January 1995 and September 2001 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 1995 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2001 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 5 BISHOPS CLOSE?

5 BISHOPS CLOSE is 53m² according to the EPC inspection conducted in April 2019. 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 5 BISHOPS CLOSE lies on this distribution: 1% of detached houses are smaller than 5 BISHOPS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

5 BISHOPS CLOSE: Plot and Title Map

5 BISHOPS CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 BISHOPS 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 5 BISHOPS 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 5 BISHOPS CLOSE?

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