82, SOMERSET WAY, BULWARK, CHEPSTOW, NP16 5NR - £135,000

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

82 SOMERSET WAY is a small extended semi-detached house of 91m², built sometime between 1950 and 1966. It was last sold for £135,000 in December 2007, which was around 56% below the average December 2007 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

82 SOMERSET WAY Sold Prices

Land registry data shows two sales for 82 SOMERSET 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 82 SOMERSET 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
2007 18 DEC	£135,000	£303,522	56% below HPI
2003 20 JUN	£105,000	£195,700	46% below HPI

82 SOMERSET 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 82 SOMERSET WAY sales from June 2003 and December 2007 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 June 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2007 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 82 SOMERSET WAY?

82 SOMERSET WAY is 91m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 82 SOMERSET WAY lies on this distribution: 24% of detached houses are smaller than 82 SOMERSET WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

82 SOMERSET WAY: Plot and Title Map

82 SOMERSET WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 82 SOMERSET 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 82 SOMERSET 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 82 SOMERSET WAY?

82 SOMERSET WAY is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 82 on SOMERSET WAY.