28, FAIR VIEW, CHEPSTOW, NP16 5BX - £238,000

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.

28 FAIR VIEW is a small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £415,002. It was last sold for £238,000 in May 2014, which was around 15% below the average May 2014 detached 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 D.

28 FAIR VIEW Sold Prices

Land registry data shows three sales for 28 FAIR VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 28 FAIR VIEW 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
2014 9 MAY	£238,000	£280,813	15% below HPI
2012 20 JUL	£215,000	£275,217	22% below HPI
1999 29 NOV	£89,000	£117,234	24% below HPI

28 FAIR VIEW 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 three 28 FAIR VIEW sales between November 1999 and May 2014 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 28 FAIR VIEW be worth now?

28 FAIR VIEW might now be worth an estimated £415,002.

This is based on house price inflation of 74.4%, between May 2014 and June 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 74.4% inflationary increase is applied to the most recent sale price for 28 FAIR VIEW of £238,000 on 9th May 2014. For the value to have increased from £238,000 to £415,002 over the ten years and eleven months to June 2025, the following assumptions must hold true:

• The value of 28 FAIR VIEW has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The May 2014 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 28 FAIR VIEW has not materially changed since May 2014.

How Large is 28 FAIR VIEW?

28 FAIR VIEW is 88m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 28 FAIR VIEW lies on this distribution: 21% of detached houses houses are smaller than 28 FAIR VIEW, and 79% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

28 FAIR VIEW: Plot and Title Map

28 FAIR VIEW sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 28 FAIR VIEW, 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 28 FAIR VIEW). 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 28 FAIR VIEW?

28 FAIR VIEW is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 28 on FAIR VIEW.