14, SUMMERHOUSE LANE, CHEPSTOW, NP16 5SP - £148,000

14 SUMMERHOUSE LANE is a very small semi-detached house of 67m², built sometime between 1976 and 1982. It was last sold for £148,000 in September 2013, which was around 44% below the average September 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

14 SUMMERHOUSE LANE Sold Prices

Land registry data shows five sales for 14 SUMMERHOUSE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 14 SUMMERHOUSE LANE 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 20 SEP	£148,000	£265,243	44% below HPI
2010 20 AUG	£137,000	£272,722	50% below HPI
2004 19 NOV	£145,000	£251,942	42% below HPI
2003 31 JAN	£115,000	£185,007	38% below HPI
1997 23 APR	£55,500	£93,799	41% below HPI

14 SUMMERHOUSE LANE 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 five 14 SUMMERHOUSE LANE sales between April 1997 and September 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 August 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2013 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 14 SUMMERHOUSE LANE?

14 SUMMERHOUSE LANE is 67m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 SUMMERHOUSE LANE lies on this distribution: 3% of detached houses are smaller than 14 SUMMERHOUSE LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

14 SUMMERHOUSE LANE: Plot and Title Map

14 SUMMERHOUSE LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 14 SUMMERHOUSE LANE, 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 SUMMERHOUSE LANE). 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 SUMMERHOUSE LANE?

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