48, FAIR VIEW, CHEPSTOW, NP16 5BX - £399,995

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.

48 FAIR VIEW is a midsized extended terraced house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £465,907. It was last sold for £399,995 in June 2021, which was around 103% above the average June 2021 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

48 FAIR VIEW Sold Prices

Land registry data shows two sales for 48 FAIR VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 48 FAIR VIEW 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
2021 30 JUN	£399,995	£197,521	103% above HPI
2004 3 DEC	£210,000	£121,856	72% above HPI

48 FAIR VIEW 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 two 48 FAIR VIEW sales from December 2004 and June 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 December 2004 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the June 2021 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 48 FAIR VIEW be worth now?

48 FAIR VIEW might now be worth an estimated £465,907.

This is based on house price inflation of 16.5%, between June 2021 and May 2026, 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 16.5% inflationary increase is applied to the most recent sale price for 48 FAIR VIEW of £399,995 on 30th June 2021. For the value to have increased from £399,995 to £465,907 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 48 FAIR VIEW has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The June 2021 sale price of £399,995 represented a fair market value for the property.
• The size, condition, and specification of 48 FAIR VIEW has not materially changed since June 2021.

How Large is 48 FAIR VIEW?

48 FAIR VIEW is 112m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% 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 48 FAIR VIEW lies on this distribution: 44% of terraced houses houses are smaller than 48 FAIR VIEW, and 55% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

48 FAIR VIEW: Plot and Title Map

48 FAIR VIEW sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 48 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 48 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 48 FAIR VIEW?

48 FAIR VIEW is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 48 on FAIR VIEW.