24, CHESTNUT DRIVE, ROGIET, CALDICOT, NP26 3TH - £262,500

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.

24 CHESTNUT DRIVE is a very small terraced house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £285,666. It was last sold for £262,500 in March 2022, which was around 23% above the average March 2022 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

24 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 24 CHESTNUT DRIVE 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. All of the three 24 CHESTNUT DRIVE sales were 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
2022 17 MAR	£262,500	£213,967	23% above HPI
2002 5 NOV	£113,500	£80,337	41% above HPI
2000 22 DEC	£82,950	£56,809	46% above HPI

24 CHESTNUT DRIVE 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 24 CHESTNUT DRIVE sales between December 2000 and March 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 November 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 24 CHESTNUT DRIVE be worth now?

24 CHESTNUT DRIVE might now be worth an estimated £285,666.

This is based on house price inflation of 8.8%, between March 2022 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 8.8% inflationary increase is applied to the most recent sale price for 24 CHESTNUT DRIVE of £262,500 on 17th March 2022. For the value to have increased from £262,500 to £285,666 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 24 CHESTNUT DRIVE has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The March 2022 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 24 CHESTNUT DRIVE has not materially changed since March 2022.

How Large is 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is 84m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of terraced houses houses in Rogiet, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rogiet, and where 24 CHESTNUT DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 24 CHESTNUT DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rogiet.

24 CHESTNUT DRIVE: Plot and Title Map

24 CHESTNUT DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 24 CHESTNUT DRIVE, 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 24 CHESTNUT DRIVE). 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 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is located in ROGIET, in the NP26 postcode district. The below map shows the position of No. 24 on CHESTNUT DRIVE.