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

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

HAFAN is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £425,000 in March 2019, which was around 11% 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	£384,376	11% above HPI
1999 3 DEC	£190,000	£115,926	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 11% above the HPI. The line then continues to track at 11% above the HPI.

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 in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where HAFAN lies on this distribution: 86% of detached 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.