11, SHARPES WAY, BULWARK, CHEPSTOW, NP16 5TG - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 SHARPES WAY is a semi-detached house, which could now be worth an estimated £269,006. It was last sold for £225,000 in May 2021, which was around 8% below the average May 2021 semi-detached price in the Monmouthshire local authority area.

11 SHARPES WAY Sold Prices

Land registry data shows five sales for 11 SHARPES WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Monmouthshire local authority area for the corresponding sale date. Most of the five 11 SHARPES WAY 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
2021 25 MAY	£225,000	£245,895	8% below HPI
2007 2 MAR	£153,000	£170,054	10% below HPI
2001 2 JUL	£77,250	£78,944	2% below HPI
1999 12 AUG	£67,500	£62,725	8% above HPI
1996 12 APR	£55,000	£50,523	9% above HPI

What might 11 SHARPES WAY be worth now?

11 SHARPES WAY might now be worth an estimated £269,006.

This is based on house price inflation of 19.6%, between May 2021 and May 2026, for semi-detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 11 SHARPES WAY of £225,000 on 25th May 2021. For the value to have increased from £225,000 to £269,006 over the five years to May 2026, the following assumptions must hold true:

• The value of 11 SHARPES WAY has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The May 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SHARPES WAY has not materially changed since May 2021.

Where is 11 SHARPES WAY?

11 SHARPES WAY is located in BULWARK, in the NP16 postcode district.