5, THORN TREE DRIVE, CHEPSTOW, NP16 5SH - £191,500

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.

5 THORN TREE DRIVE is a very small terraced house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £249,123. It was last sold for £191,500 in May 2019, which was around 7% above the average May 2019 terraced price in the Monmouthshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

5 THORN TREE DRIVE Sold Prices

Land registry data shows five sales for 5 THORN TREE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. Most of the five 5 THORN TREE 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
2019 3 MAY	£191,500	£178,991	7% above HPI
2016 12 FEB	£136,500	£148,370	8% below HPI
2006 27 JUN	£120,000	£139,196	14% below HPI
2003 10 OCT	£107,000	£94,200	14% above HPI
2000 19 JAN	£53,000	£51,802	2% above HPI

5 THORN TREE 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 five 5 THORN TREE DRIVE sales between January 2000 and May 2019 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 February 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 THORN TREE DRIVE be worth now?

5 THORN TREE DRIVE might now be worth an estimated £249,123.

This is based on house price inflation of 30.1%, between May 2019 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 30.1% inflationary increase is applied to the most recent sale price for 5 THORN TREE DRIVE of £191,500 on 3rd May 2019. For the value to have increased from £191,500 to £249,123 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 5 THORN TREE DRIVE has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The May 2019 sale price of £191,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THORN TREE DRIVE has not materially changed since May 2019.

How Large is 5 THORN TREE DRIVE?

5 THORN TREE DRIVE is 66m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% 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 5 THORN TREE DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 5 THORN TREE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

5 THORN TREE DRIVE: Plot and Title Map

5 THORN TREE DRIVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 THORN TREE 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 5 THORN TREE 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 5 THORN TREE DRIVE?

5 THORN TREE DRIVE is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 5 on THORN TREE DRIVE.