17, THE SMITHY, DEVAUDEN, CHEPSTOW, NP16 6QA - £296,000

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.

17 THE SMITHY is a terraced house, which could now be worth an estimated £340,797. It was last sold for £296,000 in July 2021, which was around 49% above the average July 2021 terraced price in the Monmouthshire local authority area.

17 THE SMITHY Sold Prices

Land registry data shows four sales for 17 THE SMITHY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Monmouthshire local authority area for the corresponding sale date. All of the four 17 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
2021 30 JUL	£296,000	£198,717	49% above HPI
1999 11 MAY	£73,750	£47,887	54% above HPI
1998 30 JAN	£73,000	£44,069	66% above HPI
1997 6 MAR	£62,500	£41,693	50% above HPI

What might 17 THE SMITHY be worth now?

17 THE SMITHY might now be worth an estimated £340,797.

This is based on house price inflation of 15.1%, between July 2021 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 15.1% inflationary increase is applied to the most recent sale price for 17 THE SMITHY of £296,000 on 30th July 2021. For the value to have increased from £296,000 to £340,797 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 17 THE SMITHY has moved in line with the HPI for terraced houses in the Monmouthshire local authority area.
• The July 2021 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 17 THE SMITHY has not materially changed since July 2021.

Where is 17 THE SMITHY?

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