19, OAK CLOSE, BULWARK, CHEPSTOW, NP16 5RL - £123,000

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.

19 OAK CLOSE is a very small terraced house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £221,400. It was last sold for £123,000 in October 2011, which was around 5% below the average October 2011 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.

19 OAK CLOSE Sold Prices

Land registry data shows three sales for 19 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. Two of the three 19 OAK CLOSE sales were for below the average price, whilst one was for above 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
2011 24 OCT	£123,000	£129,361	5% below HPI
2002 9 APR	£69,950	£68,464	2% above HPI
2000 24 MAR	£37,000	£52,824	30% below HPI

19 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 19 OAK CLOSE sales between March 2000 and October 2011 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 April 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 19 OAK CLOSE be worth now?

19 OAK CLOSE might now be worth an estimated £221,400.

This is based on house price inflation of 80%, between October 2011 and June 2025, for terraced 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 80% inflationary increase is applied to the most recent sale price for 19 OAK CLOSE of £123,000 on 24th October 2011. For the value to have increased from £123,000 to £221,400 over the fourteen years and four months to June 2025, the following assumptions must hold true:

• The value of 19 OAK CLOSE has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The October 2011 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 19 OAK CLOSE has not materially changed since October 2011.

How Large is 19 OAK CLOSE?

19 OAK CLOSE is 74m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of terraced houses houses in Chepstow, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chepstow, and where 19 OAK CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 19 OAK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

19 OAK CLOSE: Plot and Title Map

19 OAK CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 19 OAK 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 19 OAK 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 19 OAK CLOSE?

19 OAK CLOSE is located in BULWARK, in the NP16 postcode district. The below map shows the position of No. 19 on OAK CLOSE.