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 OLD OAK CLOSE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2012, which was around 31% below the average August 2012 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 5 OLD OAK CLOSE since 1st 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 5 OLD OAK 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 |
---|---|---|---|
2012 17 AUG | £190,000 | £277,247 | 31% below HPI |
2008 12 SEP | £172,500 | £282,450 | 39% below HPI |
2004 12 MAR | £156,000 | £222,005 | 30% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 5 OLD OAK CLOSE sales between March 2004 and August 2012 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 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2012 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
5 OLD OAK CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 OLD OAK CLOSE lies on this distribution: 8% of detached houses are smaller than 5 OLD OAK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chepstow.
5 OLD OAK CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 OLD OAK 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 OLD OAK 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.
5 OLD OAK CLOSE is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 5 on OLD OAK CLOSE.