5, SHARPES WAY, BULWARK, CHEPSTOW, NP16 5TG - £281,000

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 SHARPES WAY is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £281,000 in October 2019, which was around 28% below the average October 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

5 SHARPES WAY Sold Prices

Land registry data shows two sales for 5 SHARPES WAY 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 SHARPES 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
2019 11 OCT	£281,000	£388,490	28% below HPI
2004 30 SEP	£183,750	£247,134	26% below HPI

5 SHARPES 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 two 5 SHARPES WAY sales from September 2004 and October 2019 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 SHARPES WAY?

5 SHARPES WAY is 89m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 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 SHARPES WAY lies on this distribution: 22% of detached houses are smaller than 5 SHARPES WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

5 SHARPES WAY: Plot and Title Map

5 SHARPES WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 SHARPES 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 5 SHARPES 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 5 SHARPES WAY?

5 SHARPES WAY is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 5 on SHARPES WAY.