9, LANCASTER WAY, CHEPSTOW, NP16 5SJ - £219,950

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

9 LANCASTER WAY is a very small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £389,855. It was last sold for £219,950 in July 2013, which was around 20% below the average July 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

9 LANCASTER WAY Sold Prices

Land registry data shows three sales for 9 LANCASTER WAY 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 9 LANCASTER 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
2013 25 JUL	£219,950	£274,796	20% below HPI
2011 30 JUN	£205,000	£274,632	25% below HPI
2000 31 MAR	£90,000	£122,158	26% below HPI

9 LANCASTER 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 three 9 LANCASTER WAY sales between March 2000 and July 2013 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 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 LANCASTER WAY be worth now?

9 LANCASTER WAY might now be worth an estimated £389,855.

This is based on house price inflation of 77.2%, between July 2013 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 77.2% inflationary increase is applied to the most recent sale price for 9 LANCASTER WAY of £219,950 on 25th July 2013. For the value to have increased from £219,950 to £389,855 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 9 LANCASTER WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2013 sale price of £219,950 represented a fair market value for the property.
• The size, condition, and specification of 9 LANCASTER WAY has not materially changed since July 2013.

How Large is 9 LANCASTER WAY?

9 LANCASTER WAY is 84m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% 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 9 LANCASTER WAY lies on this distribution: 16% of detached houses houses are smaller than 9 LANCASTER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

9 LANCASTER WAY: Plot and Title Map

9 LANCASTER WAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 9 LANCASTER 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 9 LANCASTER 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 9 LANCASTER WAY?

9 LANCASTER WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 9 on LANCASTER WAY.