2, WARWICK CLOSE, CHEPSTOW, NP16 5BU - £250,000

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 WARWICK CLOSE is a detached house, which could now be worth an estimated £486,564. It was last sold for £250,000 in March 2009, which was about the average March 2009 detached price in the Monmouthshire local authority area.

2 WARWICK CLOSE Sold Prices

Land registry data shows two sales for 2 WARWICK CLOSE 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. One of the two 2 WARWICK CLOSE sales was roughly equal to the average price, whilst the other was for below 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
2009 31 MAR	£250,000	£248,954	Close to HPI
2005 15 AUG	£225,000	£267,596	16% below HPI

What might 2 WARWICK CLOSE be worth now?

2 WARWICK CLOSE might now be worth an estimated £486,564.

This is based on house price inflation of 94.6%, between March 2009 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 94.6% inflationary increase is applied to the most recent sale price for 2 WARWICK CLOSE of £250,000 on 31st March 2009. For the value to have increased from £250,000 to £486,564 over the sixteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 WARWICK CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The March 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WARWICK CLOSE has not materially changed since March 2009.

Where is 2 WARWICK CLOSE?

2 WARWICK CLOSE is located in CHEPSTOW, in the NP16 postcode district.