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

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

9 LANCASTER WAY is a very small detached house of 84m², built sometime between 1976 and 1982. 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	£274,232	20% below HPI
2011 30 JUN	£205,000	£274,068	25% below HPI
2000 31 MAR	£90,000	£121,907	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.

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 in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 9 LANCASTER WAY lies on this distribution: 16% of detached 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.