HAFAN, HARDWICK HILL LANE, CHEPSTOW, NP16 5PP - £425,000

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.

HAFAN is a very large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £534,782. It was last sold for £425,000 in March 2019, which was around 10% above the average March 2019 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was A.

HAFAN Sold Prices

Land registry data shows two sales for HAFAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two HAFAN sales were for above 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
2019 22 MAR	£425,000	£385,167	10% above HPI
1999 3 DEC	£190,000	£116,164	64% above HPI

HAFAN 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 two HAFAN sales from December 1999 and March 2019 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 December 1999 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the March 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might HAFAN be worth now?

HAFAN might now be worth an estimated £534,782.

This is based on house price inflation of 25.8%, between March 2019 and March 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 25.8% inflationary increase is applied to the most recent sale price for HAFAN of £425,000 on 22nd March 2019. For the value to have increased from £425,000 to £534,782 over the six years to March 2025, the following assumptions must hold true:

• The value of HAFAN has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of HAFAN has not materially changed since March 2019.

How Large is HAFAN?

HAFAN is 171m², which includes two extensions, according to the EPC inspection conducted in April 2023. 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 HAFAN lies on this distribution: 86% of detached houses houses are smaller than HAFAN, and 14% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

HAFAN: Plot and Title Map

HAFAN sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of HAFAN, 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 HAFAN). 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 HAFAN?

HAFAN is located on HARDWICK HILL LANE in CHEPSTOW, in the NP16 postcode district. The below map shows the position of HAFAN on HARDWICK HILL LANE.