OAKFIELD BUNGALOW, NEWPORT ROAD, CHEPSTOW, NP16 5BA - £305,000

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

OAKFIELD BUNGALOW is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £305,000 in June 2015, which was around 4% above the average June 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

OAKFIELD BUNGALOW Sold Prices

Land registry data shows two sales for OAKFIELD BUNGALOW 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. One of the two OAKFIELD BUNGALOW sales was for above the average price, whilst the other was 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
2015 12 JUN	£305,000	£292,829	4% above HPI
1996 13 SEP	£71,000	£94,098	25% below HPI

OAKFIELD BUNGALOW 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 OAKFIELD BUNGALOW sales from September 1996 and June 2015 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 September 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is OAKFIELD BUNGALOW?

OAKFIELD BUNGALOW is 120m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 OAKFIELD BUNGALOW lies on this distribution: 55% of detached houses are smaller than OAKFIELD BUNGALOW, and 44% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

OAKFIELD BUNGALOW: Plot and Title Map

OAKFIELD BUNGALOW sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of OAKFIELD BUNGALOW, 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 OAKFIELD BUNGALOW). 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 OAKFIELD BUNGALOW?

OAKFIELD BUNGALOW is located on NEWPORT ROAD in CHEPSTOW, in the NP16 postcode district. The below map shows the position of OAKFIELD BUNGALOW on NEWPORT ROAD.