42, PIERCEFIELD AVENUE, CHEPSTOW, NP16 5JB - £325,000

42 PIERCEFIELD AVENUE is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £325,000 in March 2021, which was around 21% below the average March 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

42 PIERCEFIELD AVENUE Sold Prices

Land registry data shows two sales for 42 PIERCEFIELD AVENUE 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 42 PIERCEFIELD AVENUE 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
2021 22 MAR	£325,000	£411,150	21% below HPI
2012 24 OCT	£232,500	£266,149	13% below HPI

42 PIERCEFIELD AVENUE 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 42 PIERCEFIELD AVENUE sales from October 2012 and March 2021 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 October 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 42 PIERCEFIELD AVENUE?

42 PIERCEFIELD AVENUE is 79m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 42 PIERCEFIELD AVENUE lies on this distribution: 10% of detached houses are smaller than 42 PIERCEFIELD AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

42 PIERCEFIELD AVENUE: Plot and Title Map

42 PIERCEFIELD AVENUE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 42 PIERCEFIELD AVENUE, 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 42 PIERCEFIELD AVENUE). 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 42 PIERCEFIELD AVENUE?

42 PIERCEFIELD AVENUE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 42 on PIERCEFIELD AVENUE.