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
61 VALENTINE LANE is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £215,000 in March 2017, which was around 35% below the average March 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 61 VALENTINE LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the six 61 VALENTINE 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 |
---|---|---|---|
2017 10 MAR | £215,000 | £332,688 | 35% below HPI |
2005 13 MAY | £180,000 | £261,319 | 31% below HPI |
2003 17 JUL | £161,000 | £194,382 | 17% below HPI |
2002 30 APR | £118,000 | £157,868 | 25% below HPI |
2001 12 JAN | £97,000 | £132,643 | 27% below HPI |
1995 23 JUN | £70,995 | £89,449 | 21% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The six 61 VALENTINE LANE sales between June 1995 and March 2017 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 May 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
61 VALENTINE LANE is 78m², which includes two extensions, according to the EPC inspection conducted in February 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 61 VALENTINE LANE lies on this distribution: 9% of detached houses are smaller than 61 VALENTINE LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chepstow.
61 VALENTINE LANE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 61 VALENTINE 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 61 VALENTINE 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.
61 VALENTINE LANE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 61 on VALENTINE LANE.