9, PARK VIEW, CHEPSTOW, NP16 5NA - £350,000

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 PARK VIEW is a very large extended detached house of 182m², built sometime between 1967 and 1975, which could now be worth an estimated £640,577. It was last sold for £350,000 in November 2013, which was around 30% above the average November 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

9 PARK VIEW Sold Prices

Land registry data shows three sales for 9 PARK VIEW 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. One of the three 9 PARK VIEW sales was for above the average price, whilst two 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 27 NOV	£350,000	£268,818	30% above HPI
2007 4 JUN	£275,000	£278,191	1% below HPI
2005 19 MAY	£247,000	£261,856	6% below HPI

9 PARK VIEW 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 PARK VIEW sales between May 2005 and November 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2013 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 9 PARK VIEW be worth now?

9 PARK VIEW might now be worth an estimated £640,577.

This is based on house price inflation of 83%, between November 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 83% inflationary increase is applied to the most recent sale price for 9 PARK VIEW of £350,000 on 27th November 2013. For the value to have increased from £350,000 to £640,577 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 PARK VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2013 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARK VIEW has not materially changed since November 2013.

How Large is 9 PARK VIEW?

9 PARK VIEW is 182m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 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 PARK VIEW lies on this distribution: 89% of detached houses houses are smaller than 9 PARK VIEW, and 11% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

9 PARK VIEW: Plot and Title Map

9 PARK VIEW sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 9 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

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