MAYFIELD, MOUNTON ROAD, CHEPSTOW, NP16 5BS - £525,000

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

MAYFIELD is a midsized detached house of 120m², built sometime between 1950 and 1966. It was last sold for £525,000 in December 2022, which was around 9% above the average December 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

MAYFIELD Sold Prices

Land registry data shows two sales for MAYFIELD 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 MAYFIELD 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
2022 16 DEC	£525,000	£481,157	9% above HPI
1998 28 AUG	£120,000	£108,237	11% above HPI

MAYFIELD 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 MAYFIELD sales from August 1998 and December 2022 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is MAYFIELD?

MAYFIELD is 120m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where MAYFIELD lies on this distribution: 55% of detached houses are smaller than MAYFIELD, and 44% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.470 of an acre, or 1,900m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on MOUNTON ROAD in CHEPSTOW, in the NP16 postcode district. The below map shows the position of MAYFIELD on MOUNTON ROAD.