17, LEWIS WAY, CHEPSTOW, NP16 5TA - £335,000

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.

17 LEWIS WAY is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £345,413. It was last sold for £335,000 in August 2022, which was around 30% below the average August 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

17 LEWIS WAY Sold Prices

Land registry data shows two sales for 17 LEWIS WAY 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. Both of the two 17 LEWIS 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
2022 15 AUG	£335,000	£477,164	30% below HPI
1997 1 MAY	£65,500	£94,856	31% below HPI

17 LEWIS 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 two 17 LEWIS WAY sales from May 1997 and August 2022 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 May 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 17 LEWIS WAY be worth now?

17 LEWIS WAY might now be worth an estimated £345,413.

This is based on house price inflation of 3.1%, between August 2022 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 3.1% inflationary increase is applied to the most recent sale price for 17 LEWIS WAY of £335,000 on 15th August 2022. For the value to have increased from £335,000 to £345,413 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 17 LEWIS WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LEWIS WAY has not materially changed since August 2022.

How Large is 17 LEWIS WAY?

17 LEWIS WAY is 70m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 17 LEWIS WAY lies on this distribution: 4% of detached houses houses are smaller than 17 LEWIS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

17 LEWIS WAY: Plot and Title Map

17 LEWIS WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 17 LEWIS 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 17 LEWIS 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 17 LEWIS WAY?

17 LEWIS WAY is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 17 on LEWIS WAY.