MORETON, WELSH STREET, CHEPSTOW, NP16 5LU - £700,000

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

MORETON is a very large extended detached house of 235m², built sometime between 1930 and 1949. It was last sold for £700,000 in December 2020, which was around 66% above the average December 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

MORETON Sold Prices

Land registry data shows two sales for MORETON 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 MORETON 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
2020 11 DEC	£700,000	£422,620	66% above HPI
2008 30 APR	£375,000	£273,302	37% above HPI

MORETON 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 MORETON sales from April 2008 and December 2020 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 April 2008 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is MORETON?

MORETON is 235m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where MORETON lies on this distribution: 98% of detached houses are smaller than MORETON, and 2% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

MORETON: Plot and Title Map

MORETON sits on a plot of roughly 0.281 of an acre, or 1,139m². The below map shows the location of MORETON, 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 MORETON). 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 MORETON?

MORETON is located on WELSH STREET in CHEPSTOW, in the NP16 postcode district. The below map shows the position of MORETON on WELSH STREET.