15, GWENTLANDS CLOSE, BULWARK, CHEPSTOW, NP16 5JH - £339,950

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.

15 GWENTLANDS CLOSE is a large extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £505,773. It was last sold for £339,950 in February 2017, which was around 3% above the average February 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

15 GWENTLANDS CLOSE Sold Prices

Land registry data shows two sales for 15 GWENTLANDS CLOSE 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. One of the two 15 GWENTLANDS CLOSE sales was for above the average price, whilst the other was 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
2017 22 FEB	£339,950	£330,690	3% above HPI
2015 30 JUL	£205,000	£296,809	31% below HPI

15 GWENTLANDS CLOSE 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 15 GWENTLANDS CLOSE sales from July 2015 and February 2017 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 GWENTLANDS CLOSE be worth now?

15 GWENTLANDS CLOSE might now be worth an estimated £505,773.

This is based on house price inflation of 48.8%, between February 2017 and February 2025, for 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 48.8% inflationary increase is applied to the most recent sale price for 15 GWENTLANDS CLOSE of £339,950 on 22nd February 2017. For the value to have increased from £339,950 to £505,773 over the eight years to February 2025, the following assumptions must hold true:

• The value of 15 GWENTLANDS CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The February 2017 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 15 GWENTLANDS CLOSE has not materially changed since February 2017.

How Large is 15 GWENTLANDS CLOSE?

15 GWENTLANDS CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chepstow, and where 15 GWENTLANDS CLOSE lies on this distribution: 64% of detached houses houses are smaller than 15 GWENTLANDS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

15 GWENTLANDS CLOSE: Plot and Title Map

15 GWENTLANDS CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 15 GWENTLANDS CLOSE, 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 15 GWENTLANDS CLOSE). 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 15 GWENTLANDS CLOSE?

15 GWENTLANDS CLOSE is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 15 on GWENTLANDS CLOSE.