8, NEWPORT ROAD, CHEPSTOW, NP16 5BA - £400,000

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 NEWPORT ROAD is a very large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £400,000 in April 2019, which was around 6% above the average April 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

8 NEWPORT ROAD Sold Prices

Land registry data shows three sales for 8 NEWPORT ROAD 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 8 NEWPORT ROAD 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
2019 12 APR	£400,000	£377,034	6% above HPI
2007 10 AUG	£354,950	£300,066	18% above HPI
2003 28 MAR	£174,950	£194,897	10% below HPI

8 NEWPORT ROAD 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 8 NEWPORT ROAD sales between March 2003 and April 2019 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 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 NEWPORT ROAD?

8 NEWPORT ROAD is 184m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 NEWPORT ROAD lies on this distribution: 89% of detached houses are smaller than 8 NEWPORT ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

8 NEWPORT ROAD: Plot and Title Map

8 NEWPORT ROAD sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 8 NEWPORT ROAD, 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 NEWPORT ROAD). 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 NEWPORT ROAD?

8 NEWPORT ROAD is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 8 on NEWPORT ROAD.