UPPER HOUSE, DEVAUDEN, CHEPSTOW, NP16 6PE - £325,000

UPPER HOUSE is a very small extended detached house of 63m², built sometime before 1900. It was last sold for £325,000 in December 2021, which was around 26% below the average December 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was B.

UPPER HOUSE Sold Prices

Land registry data shows two sales for UPPER HOUSE 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 UPPER HOUSE sales were 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
2021 16 DEC	£325,000	£437,455	26% below HPI
2019 15 MAR	£275,000	£384,376	28% below HPI

UPPER HOUSE 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 UPPER HOUSE sales from March 2019 and December 2021 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 March 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is UPPER HOUSE?

UPPER HOUSE is 63m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Devauden, based on EPC data. The below chart shows the distribution of detached houses by size in Devauden, and where UPPER HOUSE lies on this distribution: Less than 1% of detached houses are smaller than UPPER HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Devauden.

UPPER HOUSE: Plot and Title Map

UPPER HOUSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of UPPER HOUSE, 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 UPPER HOUSE). 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 UPPER HOUSE?

UPPER HOUSE is located in DEVAUDEN, in the NP16 postcode district. The below map shows the position of UPPER HOUSE in DEVAUDEN.