THE OLD GYM, MOUNTAIN HOUSE PARK, PWLLMEYRIC, CHEPSTOW, NP16 6LA - £900,000

THE OLD GYM is a very large extended detached house of 449m², built sometime between 1983 and 1990. It was last sold for £900,000 in August 2020, which was around 116% above the average August 2020 detached price in the Monmouthshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

THE OLD GYM Sold Prices

Land registry data shows two sales for THE OLD GYM 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. Both of the two THE OLD GYM sales were for above 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
2020 19 AUG	£900,000	£417,096	116% above HPI
2020 14 JUL	£995,000	£391,790	154% above HPI

THE OLD GYM 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 two THE OLD GYM sales from July 2020 and August 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2020 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the August 2020 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is THE OLD GYM?

THE OLD GYM is 449m², which includes three extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses in Pwllmeyric, based on EPC data. The below chart shows the distribution of detached houses by size in Pwllmeyric, and where THE OLD GYM lies on this distribution: More than 99% of detached houses are smaller than THE OLD GYM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Pwllmeyric.

THE OLD GYM: Plot and Title Map

THE OLD GYM sits on a plot of roughly 1.4 acres, or 5,725m². The below map shows the location of THE OLD GYM, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE OLD GYM). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE OLD GYM?

THE OLD GYM, MOUNTAIN HOUSE PARK is located in PWLLMEYRIC, in the NP16 postcode district. The below map shows the position of THE OLD GYM, MOUNTAIN HOUSE PARK in PWLLMEYRIC.