14, OAKFIELD AVENUE, CHEPSTOW, NP16 5NE - £295,000

14 OAKFIELD AVENUE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £295,000 in February 2020, which was around 25% below the average February 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

14 OAKFIELD AVENUE Sold Prices

Land registry data shows four sales for 14 OAKFIELD AVENUE 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 14 OAKFIELD AVENUE 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
2020 13 FEB	£295,000	£393,183	25% below HPI
2015 20 JUL	£242,000	£296,199	18% below HPI
2003 24 OCT	£173,000	£208,661	17% below HPI
1997 5 DEC	£77,500	£101,087	23% below HPI

14 OAKFIELD AVENUE 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 14 OAKFIELD AVENUE sales between December 1997 and February 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 July 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 OAKFIELD AVENUE?

14 OAKFIELD AVENUE is 93m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 14 OAKFIELD AVENUE lies on this distribution: 27% of detached houses are smaller than 14 OAKFIELD AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

14 OAKFIELD AVENUE: Plot and Title Map

14 OAKFIELD AVENUE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 14 OAKFIELD AVENUE, 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 14 OAKFIELD AVENUE). 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 14 OAKFIELD AVENUE?

14 OAKFIELD AVENUE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 14 on OAKFIELD AVENUE.