3, BISHOPS CLOSE, CHEPSTOW, NP16 5TE - £213,000

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.

3 BISHOPS CLOSE is a very small semi-detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £242,343. It was last sold for £213,000 in September 2021, which was around 18% below the average September 2021 semi-detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 BISHOPS CLOSE Sold Prices

Land registry data shows one sale for 3 BISHOPS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 13 SEP	£213,000	£258,392	18% below HPI

What might 3 BISHOPS CLOSE be worth now?

3 BISHOPS CLOSE might now be worth an estimated £242,343.

This is based on house price inflation of 13.8%, between September 2021 and May 2026, for semi-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 13.8% inflationary increase is applied to the most recent sale price for 3 BISHOPS CLOSE of £213,000 on 13th September 2021. For the value to have increased from £213,000 to £242,343 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 3 BISHOPS CLOSE has moved in line with the HPI for semi-detached houses in the Monmouthshire local authority area.
• The September 2021 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BISHOPS CLOSE has not materially changed since September 2021.

How Large is 3 BISHOPS CLOSE?

3 BISHOPS CLOSE is 53m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses in Chepstow, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chepstow, and where 3 BISHOPS CLOSE lies on this distribution: 5% of semi-detached houses are smaller than 3 BISHOPS CLOSE, and 93% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chepstow.

3 BISHOPS CLOSE: Plot

3 BISHOPS CLOSE sits on a plot of roughly 0.036 of an acre, or 145m².

Where is 3 BISHOPS CLOSE?

3 BISHOPS CLOSE is located in CHEPSTOW, in the NP16 postcode district.