7, PHOENIX DRIVE, CHEPSTOW, NP16 5TJ - £345,000

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

7 PHOENIX DRIVE is a large extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £345,000 in June 2021, which was around 16% below the average June 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

7 PHOENIX DRIVE Sold Prices

Land registry data shows three sales for 7 PHOENIX DRIVE 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 PHOENIX DRIVE 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
2021 15 JUN	£345,000	£411,447	16% below HPI
2017 20 OCT	£305,000	£350,021	13% below HPI
1995 20 MAR	£69,995	£89,555	22% below HPI

7 PHOENIX DRIVE 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 PHOENIX DRIVE sales between March 1995 and June 2021 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 October 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 PHOENIX DRIVE be worth now?

7 PHOENIX DRIVE might now be worth an estimated £408,409.

This is based on house price inflation of 18.4%, between June 2021 and December 2024, 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 18.4% inflationary increase is applied to the most recent sale price for 7 PHOENIX DRIVE of £345,000 on 15th June 2021. For the value to have increased from £345,000 to £408,409 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 7 PHOENIX DRIVE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PHOENIX DRIVE has not materially changed since June 2021.

How Large is 7 PHOENIX DRIVE?

7 PHOENIX DRIVE is 139m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chepstow, and where 7 PHOENIX DRIVE lies on this distribution: 71% of detached houses houses are smaller than 7 PHOENIX DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

7 PHOENIX DRIVE: Plot and Title Map

7 PHOENIX DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 7 PHOENIX DRIVE, 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 PHOENIX DRIVE). 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 PHOENIX DRIVE?

7 PHOENIX DRIVE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 7 on PHOENIX DRIVE.