2, MOUNT WAY, CHEPSTOW, NP16 5NF - £285,000

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.

2 MOUNT WAY is a midsized detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £455,187. It was last sold for £285,000 in November 2014, which was around 6% below the average November 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 MOUNT WAY Sold Prices

Land registry data shows one sale for 2 MOUNT WAY 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
2014 7 NOV	£285,000	£303,371	6% below HPI

What might 2 MOUNT WAY be worth now?

2 MOUNT WAY might now be worth an estimated £455,187.

This is based on house price inflation of 59.7%, between November 2014 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 59.7% inflationary increase is applied to the most recent sale price for 2 MOUNT WAY of £285,000 on 7th November 2014. For the value to have increased from £285,000 to £455,187 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 2 MOUNT WAY has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The November 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MOUNT WAY has not materially changed since November 2014.

How Large is 2 MOUNT WAY?

2 MOUNT WAY is 116m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses by size in Chepstow, and where 2 MOUNT WAY lies on this distribution: 49% of detached houses are smaller than 2 MOUNT WAY, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Chepstow.

2 MOUNT WAY: Plot

2 MOUNT WAY sits on a plot of roughly 0.166 of an acre, or 671m².

Where is 2 MOUNT WAY?

2 MOUNT WAY is located in CHEPSTOW, in the NP16 postcode district.