BIGWOOD, PWLLMEYRIC, CHEPSTOW, NP16 6LA - £1,610,000

BIGWOOD is a very large extended detached house of 277m², built sometime before 1900. It was last sold for £1,610,000 in July 2023, which was around 239% above the average July 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

BIGWOOD Sold Prices

Land registry data shows two sales for BIGWOOD 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 BIGWOOD 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
2023 6 JUL	£1,610,000	£474,869	239% above HPI
2009 23 JAN	£500,000	£242,678	106% above HPI

BIGWOOD 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 BIGWOOD sales from January 2009 and July 2023 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 January 2009 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the July 2023 sale, where it rises to 239% above the HPI. The line then continues to track at 239% above the HPI.

How Large is BIGWOOD?

BIGWOOD is 277m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Pwllmeyric, based on EPC data. The below chart shows the distribution of detached houses by size in Pwllmeyric, and where BIGWOOD lies on this distribution: 95% of detached houses are smaller than BIGWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Pwllmeyric.

BIGWOOD: Plot and Title Map

BIGWOOD sits on a plot of roughly 1.2 acres, or 4,873m². The below map shows the location of BIGWOOD, 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 BIGWOOD). 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 BIGWOOD?

BIGWOOD is located in PWLLMEYRIC, in the NP16 postcode district. The below map shows the position of BIGWOOD in PWLLMEYRIC.