2, CHAPEL CLOSE, WYESHAM, MONMOUTH, NP25 3NN - £220,500

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.

2 CHAPEL CLOSE is a very small extended detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £317,798. It was last sold for £220,500 in July 2017, which was around 34% below the average July 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

2 CHAPEL CLOSE Sold Prices

Land registry data shows one sale for 2 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 7 JUL	£220,500	£336,183	34% below HPI

What might 2 CHAPEL CLOSE be worth now?

2 CHAPEL CLOSE might now be worth an estimated £317,798.

This is based on house price inflation of 44.1%, between July 2017 and May 2026, 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 44.1% inflationary increase is applied to the most recent sale price for 2 CHAPEL CLOSE of £220,500 on 7th July 2017. For the value to have increased from £220,500 to £317,798 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 2 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2017 sale price of £220,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL CLOSE has not materially changed since July 2017.

How Large is 2 CHAPEL CLOSE?

2 CHAPEL CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Monmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Monmouth, and where 2 CHAPEL CLOSE lies on this distribution: 10% of detached houses are smaller than 2 CHAPEL CLOSE, and 90% of detached houses are larger. Note that EPC data is not available for all properties in Monmouth.

2 CHAPEL CLOSE: Plot

2 CHAPEL CLOSE sits on a plot of roughly 0.067 of an acre, or 271m².

Where is 2 CHAPEL CLOSE?

2 CHAPEL CLOSE is located in WYESHAM, in the NP25 postcode district.