8, JAMES STEPHENS WAY, CHEPSTOW, NP16 5GE - £235,000

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

8 JAMES STEPHENS WAY is a midsized detached house of 113m², built sometime from 2007 onwards. It was last sold for £235,000 in November 2016, which was around 27% below the average November 2016 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

8 JAMES STEPHENS WAY Sold Prices

Land registry data shows two sales for 8 JAMES STEPHENS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 8 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
2016 16 NOV	£235,000	£321,932	27% below HPI
2007 14 DEC	£250,000	£303,522	18% below HPI

8 JAMES STEPHENS WAY 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 two 8 JAMES STEPHENS WAY sales from December 2007 and November 2016 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 December 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 JAMES STEPHENS WAY?

8 JAMES STEPHENS WAY is 113m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 8 JAMES STEPHENS WAY lies on this distribution: 47% of detached houses are smaller than 8 JAMES STEPHENS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

8 JAMES STEPHENS WAY: Plot and Title Map

8 JAMES STEPHENS WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 8 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 8 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.

Where is 8 JAMES STEPHENS WAY?

8 JAMES STEPHENS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 8 on JAMES STEPHENS WAY.