12, JAMES STEPHENS WAY, CHEPSTOW, NP16 5GE - £309,950

12 JAMES STEPHENS WAY is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £309,950 in December 2021, which was around 29% below the average December 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

12 JAMES STEPHENS WAY Sold Prices

Land registry data shows four sales for 12 JAMES STEPHENS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 12 JAMES STEPHENS 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 13 DEC	£309,950	£437,455	29% below HPI
2016 5 AUG	£195,000	£315,512	38% below HPI
2010 15 MAR	£186,500	£287,972	35% below HPI
2008 29 FEB	£197,000	£296,342	34% below HPI

12 JAMES STEPHENS WAY 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 four 12 JAMES STEPHENS WAY sales between February 2008 and December 2021 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 JAMES STEPHENS WAY?

12 JAMES STEPHENS WAY is 85m² according to the EPC inspection conducted in August 2021. 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 12 JAMES STEPHENS WAY lies on this distribution: 17% of detached houses are smaller than 12 JAMES STEPHENS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

12 JAMES STEPHENS WAY: Plot and Title Map

12 JAMES STEPHENS WAY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 12 JAMES STEPHENS WAY, 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 12 JAMES STEPHENS WAY). 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 12 JAMES STEPHENS WAY?

12 JAMES STEPHENS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 12 on JAMES STEPHENS WAY.