5, MOUNTON CLOSE, CHEPSTOW, NP16 5EG - £465,000

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.

5 MOUNTON CLOSE is a very large extended detached house of 179m², built sometime between 1983 and 1990, which could now be worth an estimated £606,248. It was last sold for £465,000 in August 2018, which was around 23% above the average August 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

5 MOUNTON CLOSE Sold Prices

Land registry data shows two sales for 5 MOUNTON CLOSE 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 5 MOUNTON CLOSE 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
2018 14 AUG	£465,000	£377,367	23% above HPI
2006 4 MAY	£335,000	£276,074	21% above HPI

5 MOUNTON CLOSE 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 5 MOUNTON CLOSE sales from May 2006 and August 2018 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 May 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 MOUNTON CLOSE be worth now?

5 MOUNTON CLOSE might now be worth an estimated £606,248.

This is based on house price inflation of 30.4%, between August 2018 and February 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 30.4% inflationary increase is applied to the most recent sale price for 5 MOUNTON CLOSE of £465,000 on 14th August 2018. For the value to have increased from £465,000 to £606,248 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MOUNTON CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The August 2018 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MOUNTON CLOSE has not materially changed since August 2018.

How Large is 5 MOUNTON CLOSE?

5 MOUNTON CLOSE is 179m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 5 MOUNTON CLOSE lies on this distribution: 88% of detached houses houses are smaller than 5 MOUNTON CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

5 MOUNTON CLOSE: Plot and Title Map

5 MOUNTON CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 MOUNTON 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 5 MOUNTON 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 5 MOUNTON CLOSE?

5 MOUNTON CLOSE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 5 on MOUNTON CLOSE.