7, OLD OAK CLOSE, BULWARK, CHEPSTOW, NP16 5TF - £302,000

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 OLD OAK CLOSE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £302,000 in March 2020, which was around 24% below the average March 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

7 OLD OAK CLOSE Sold Prices

Land registry data shows three sales for 7 OLD OAK 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. All of the three 7 OLD OAK CLOSE 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 30 MAR	£302,000	£399,360	24% below HPI
2001 14 AUG	£113,250	£143,529	21% below HPI
1997 8 MAY	£79,950	£94,661	16% below HPI

7 OLD OAK 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 OLD OAK CLOSE sales between May 1997 and March 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 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 OLD OAK CLOSE?

7 OLD OAK CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% 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 OLD OAK CLOSE lies on this distribution: 65% of detached houses are smaller than 7 OLD OAK CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

7 OLD OAK CLOSE: Plot and Title Map

7 OLD OAK CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 OLD OAK 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 OLD OAK 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 OLD OAK CLOSE?

7 OLD OAK CLOSE is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 7 on OLD OAK CLOSE.