8, PRIORY CLOSE, CHEPSTOW, NP16 5ND - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PRIORY CLOSE is a very small extended semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £304,044. It was last sold for £300,000 in October 2023, which was around 3% above the average October 2023 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

8 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 8 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 8 PRIORY CLOSE sales were for above 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
2023 6 OCT	£300,000	£292,231	3% above HPI
2000 8 MAY	£78,000	£67,137	16% above HPI
1996 14 NOV	£62,950	£53,229	18% above HPI

8 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 8 PRIORY CLOSE sales between November 1996 and October 2023 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 May 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 PRIORY CLOSE be worth now?

8 PRIORY CLOSE might now be worth an estimated £304,044.

This is based on house price inflation of 1.3%, between October 2023 and February 2025, for semi-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 1.3% inflationary increase is applied to the most recent sale price for 8 PRIORY CLOSE of £300,000 on 6th October 2023. For the value to have increased from £300,000 to £304,044 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 PRIORY CLOSE has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The October 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PRIORY CLOSE has not materially changed since October 2023.

How Large is 8 PRIORY CLOSE?

8 PRIORY CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chepstow, and where 8 PRIORY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 8 PRIORY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

8 PRIORY CLOSE: Plot and Title Map

8 PRIORY CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 8 PRIORY 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 8 PRIORY 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 8 PRIORY CLOSE?

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