FLAT 6, RIVERSIDE MILL, THE BACK, CHEPSTOW, NP16 5HS - £150,000

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

FLAT 6 RIVERSIDE MILL is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £150,000 in January 2018, which was around 57% below the average January 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

FLAT 6 RIVERSIDE MILL Sold Prices

Land registry data shows three sales for FLAT 6 RIVERSIDE MILL 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 FLAT 6 RIVERSIDE MILL 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
2018 18 JAN	£150,000	£351,711	57% below HPI
2002 29 NOV	£97,000	£185,454	48% below HPI
2001 5 SEP	£67,500	£144,846	53% below HPI

FLAT 6 RIVERSIDE MILL 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 FLAT 6 RIVERSIDE MILL sales between September 2001 and January 2018 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 November 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2018 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might FLAT 6 RIVERSIDE MILL be worth now?

FLAT 6 RIVERSIDE MILL might now be worth an estimated £207,728.

This is based on house price inflation of 38.5%, between January 2018 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 38.5% inflationary increase is applied to the most recent sale price for FLAT 6 RIVERSIDE MILL of £150,000 on 18th January 2018. For the value to have increased from £150,000 to £207,728 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of FLAT 6 RIVERSIDE MILL has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The January 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 6 RIVERSIDE MILL has not materially changed since January 2018.

How Large is FLAT 6 RIVERSIDE MILL?

FLAT 6 RIVERSIDE MILL is 60m² according to the EPC inspection conducted in July 2017. 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 FLAT 6 RIVERSIDE MILL lies on this distribution: 1% of detached houses houses are smaller than FLAT 6 RIVERSIDE MILL, and 98% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

FLAT 6 RIVERSIDE MILL: Plot and Title Map

FLAT 6 RIVERSIDE MILL sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of FLAT 6 RIVERSIDE MILL, 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 FLAT 6 RIVERSIDE MILL). 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 FLAT 6 RIVERSIDE MILL?

FLAT 6, RIVERSIDE MILL is located on THE BACK in CHEPSTOW, in the NP16 postcode district. The below map shows the position of FLAT 6, RIVERSIDE MILL on THE BACK.