WYE HOUSE, WYE CRESCENT, CHEPSTOW, NP16 5DW - £204,950

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

WYE HOUSE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £204,950 in July 2013, which was around 25% below the average July 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

WYE HOUSE Sold Prices

Land registry data shows two sales for WYE HOUSE 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 WYE HOUSE sales were 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
2013 16 JUL	£204,950	£274,232	25% below HPI
2008 4 NOV	£150,000	£263,923	43% below HPI

WYE HOUSE 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 WYE HOUSE sales from November 2008 and July 2013 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 November 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is WYE HOUSE?

WYE HOUSE is 83m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 WYE HOUSE lies on this distribution: 15% of detached houses are smaller than WYE HOUSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

WYE HOUSE: Plot and Title Map

WYE HOUSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of WYE HOUSE, 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 WYE HOUSE). 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 WYE HOUSE?

WYE HOUSE is located on WYE CRESCENT in CHEPSTOW, in the NP16 postcode district. The below map shows the position of WYE HOUSE on WYE CRESCENT.