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
7 JAMES STEPHENS WAY is a very small extended detached house of 61m², built sometime between 2003 and 2006. It was last sold for £159,995 in September 2020, which was around 61% below the average September 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 JAMES STEPHENS WAY since 1st 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. All of the three 7 JAMES STEPHENS 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 |
---|---|---|---|
2020 25 SEP | £159,995 | £410,128 | 61% below HPI |
2016 4 AUG | £130,000 | £315,512 | 59% below HPI |
2007 21 DEC | £131,000 | £303,522 | 57% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 7 JAMES STEPHENS WAY sales between December 2007 and September 2020 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 August 2016 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the September 2020 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.
7 JAMES STEPHENS WAY is 61m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 7 JAMES STEPHENS WAY lies on this distribution: 2% of detached houses are smaller than 7 JAMES STEPHENS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Chepstow.
7 JAMES STEPHENS WAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 7 JAMES STEPHENS 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 7 JAMES STEPHENS 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.
7 JAMES STEPHENS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 7 on JAMES STEPHENS WAY.