7, CHAPEL CLOSE, RAGLAN, USK, NP15 2EW - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CHAPEL CLOSE is a very large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £315,000 in June 2010, which was around 18% above the average June 2010 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

7 CHAPEL CLOSE Sold Prices

Land registry data shows three sales for 7 CHAPEL CLOSE since 1^st 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. Two of the three 7 CHAPEL CLOSE sales were for above the average price, whilst one was 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
2010 17 JUN	£315,000	£266,658	18% above HPI
2006 8 NOV	£320,000	£279,856	14% above HPI
2005 7 DEC	£249,000	£264,696	6% below HPI

7 CHAPEL CLOSE 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 three 7 CHAPEL CLOSE sales between December 2005 and June 2010 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 November 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2010 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 CHAPEL CLOSE?

7 CHAPEL CLOSE is 153m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where 7 CHAPEL CLOSE lies on this distribution: 84% of detached houses are smaller than 7 CHAPEL CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Raglan.

7 CHAPEL CLOSE: Plot and Title Map

7 CHAPEL CLOSE sits on a plot of roughly 0.094 of an acre, or 378m². The below map shows the location of 7 CHAPEL 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 7 CHAPEL 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.

Where is 7 CHAPEL CLOSE?

7 CHAPEL CLOSE is located in RAGLAN, in the NP15 postcode district. The below map shows the position of No. 7 on CHAPEL CLOSE.