6, PARVA SPRINGS, TINTERN, CHEPSTOW, NP16 6TY - £286,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 PARVA SPRINGS is a midsized extended detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £460,884. It was last sold for £286,500 in November 2015, which was around 6% below the average November 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was E.

6 PARVA SPRINGS Sold Prices

Land registry data shows two sales for 6 PARVA SPRINGS 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 6 PARVA SPRINGS 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 4 NOV	£286,500	£305,840	6% below HPI
2007 17 SEP	£265,000	£306,084	13% below HPI

6 PARVA SPRINGS 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 6 PARVA SPRINGS sales from September 2007 and November 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 September 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 6 PARVA SPRINGS be worth now?

6 PARVA SPRINGS might now be worth an estimated £460,884.

This is based on house price inflation of 60.9%, between November 2015 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for 6 PARVA SPRINGS of £286,500 on 4th November 2015. For the value to have increased from £286,500 to £460,884 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 PARVA SPRINGS has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2015 sale price of £286,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PARVA SPRINGS has not materially changed since November 2015.

How Large is 6 PARVA SPRINGS?

6 PARVA SPRINGS is 138m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Tintern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tintern, and where 6 PARVA SPRINGS lies on this distribution: 54% of detached houses houses are smaller than 6 PARVA SPRINGS, and 46% of houses are larger. Note that EPC data is not available for all properties in Tintern.

6 PARVA SPRINGS: Plot and Title Map

6 PARVA SPRINGS sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 6 PARVA SPRINGS, 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 6 PARVA SPRINGS). 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 6 PARVA SPRINGS?

6 PARVA SPRINGS is located in TINTERN, in the NP16 postcode district. The below map shows the position of No. 6 on PARVA SPRINGS.