9, OAKFIELD AVENUE, CHEPSTOW, NP16 5NE - £190,000

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.

9 OAKFIELD AVENUE is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £351,705. It was last sold for £190,000 in September 2013, which was around 29% below the average September 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

9 OAKFIELD AVENUE Sold Prices

Land registry data shows three sales for 9 OAKFIELD AVENUE 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 OAKFIELD AVENUE 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 12 SEP	£190,000	£265,789	29% below HPI
2002 13 AUG	£136,950	£171,698	20% below HPI
2000 28 APR	£88,000	£118,927	26% below HPI

9 OAKFIELD AVENUE 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 OAKFIELD AVENUE sales between April 2000 and September 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 August 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 OAKFIELD AVENUE be worth now?

9 OAKFIELD AVENUE might now be worth an estimated £351,705.

This is based on house price inflation of 85.1%, between September 2013 and February 2025, 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 85.1% inflationary increase is applied to the most recent sale price for 9 OAKFIELD AVENUE of £190,000 on 12th September 2013. For the value to have increased from £190,000 to £351,705 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 OAKFIELD AVENUE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2013 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OAKFIELD AVENUE has not materially changed since September 2013.

How Large is 9 OAKFIELD AVENUE?

9 OAKFIELD AVENUE is 76m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% 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 OAKFIELD AVENUE lies on this distribution: 7% of detached houses houses are smaller than 9 OAKFIELD AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

9 OAKFIELD AVENUE: Plot and Title Map

9 OAKFIELD AVENUE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 9 OAKFIELD AVENUE, 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 OAKFIELD AVENUE). 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 OAKFIELD AVENUE?

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