3, THE PADDOCK, CHEPSTOW, NP16 5BW - £417,000

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 THE PADDOCK is a midsized detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £432,465. It was last sold for £417,000 in July 2022, which was around 11% below the average July 2022 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

3 THE PADDOCK Sold Prices

Land registry data shows one sale for 3 THE PADDOCK 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
2022 15 JUL	£417,000	£467,201	11% below HPI

3 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The single 3 THE PADDOCK sale from July 2022 has been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, preceding and following the July 2022 sale, had it maintained the same 11% margin below the HPI (as a percentage) throughout.

What might 3 THE PADDOCK be worth now?

3 THE PADDOCK might now be worth an estimated £432,465.

This is based on house price inflation of 3.7%, between July 2022 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 3.7% inflationary increase is applied to the most recent sale price for 3 THE PADDOCK of £417,000 on 15th July 2022. For the value to have increased from £417,000 to £432,465 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 3 THE PADDOCK has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2022 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PADDOCK has not materially changed since July 2022.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 115m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 3 THE PADDOCK lies on this distribution: 48% of detached houses are smaller than 3 THE PADDOCK, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Chepstow.

3 THE PADDOCK: Plot

3 THE PADDOCK sits on a plot of roughly 0.071 of an acre, or 287m².

Where is 3 THE PADDOCK?

3 THE PADDOCK is located in CHEPSTOW, in the NP16 postcode district.