16, THE SMITHY, DEVAUDEN, CHEPSTOW, NP16 6QA - £74,000

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.

16 THE SMITHY is a terraced house, which could now be worth an estimated £270,529. It was last sold for £74,000 in November 2001, which was around 18% above the average November 2001 terraced price in the Monmouthshire local authority area.

16 THE SMITHY Sold Prices

Land registry data shows three sales for 16 THE SMITHY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. All of the three 16 THE SMITHY 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
2001 2 NOV	£74,000	£62,583	18% above HPI
1999 1 FEB	£49,950	£48,089	4% above HPI
1997 6 MAR	£50,000	£41,693	20% above HPI

What might 16 THE SMITHY be worth now?

16 THE SMITHY might now be worth an estimated £270,529.

This is based on house price inflation of 265.6%, between November 2001 and April 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 265.6% inflationary increase is applied to the most recent sale price for 16 THE SMITHY of £74,000 on 2nd November 2001. For the value to have increased from £74,000 to £270,529 over the 25 years and seven months to April 2026, the following assumptions must hold true:

• The value of 16 THE SMITHY has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The November 2001 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE SMITHY has not materially changed since November 2001.

Where is 16 THE SMITHY?

16 THE SMITHY is located in DEVAUDEN, in the NP16 postcode district.