5, SUMMERHOUSE LANE, CHEPSTOW, NP16 5SP - £219,950

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 SUMMERHOUSE LANE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £219,950 in August 2015, which was around 26% below the average August 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 SUMMERHOUSE LANE Sold Prices

Land registry data shows four sales for 5 SUMMERHOUSE LANE 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 SUMMERHOUSE LANE 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
2015 10 AUG	£219,950	£299,207	26% below HPI
2004 13 FEB	£147,000	£222,556	34% below HPI
2002 4 OCT	£135,950	£181,063	25% below HPI
1999 5 NOV	£75,500	£116,993	35% below HPI

5 SUMMERHOUSE LANE 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 SUMMERHOUSE LANE sales between November 1999 and August 2015 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 February 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 SUMMERHOUSE LANE?

5 SUMMERHOUSE LANE is 88m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 SUMMERHOUSE LANE lies on this distribution: 21% of detached houses are smaller than 5 SUMMERHOUSE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

5 SUMMERHOUSE LANE: Plot and Title Map

5 SUMMERHOUSE LANE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 5 SUMMERHOUSE LANE, 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 SUMMERHOUSE LANE). 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 SUMMERHOUSE LANE?

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