Well Lane - NP16 6LP
Key Postcode Insights
NP16 6LP is a residential postcode situated on Well Lane, Llanvair Discoed, Chepstow, NP16 with 7 addresses.
It ranks as the 255th largest and 728th most expensive of the 748 postcodes in the NP16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £961,840
- 10 Year change
- up 47.7%
- Ave. Rental Price
- £3,053pcm
- 10 Year change
- up 83.3%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
NP16 6LP is a residential postcode situated on Well Lane, Llanvair Discoed, Chepstow, NP16 with 7 addresses.
It ranks as the 255th largest and 728th most expensive of the 748 postcodes in the NP16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £961,840
- 10 Year change
- up 47.7%
- Ave. Rental Price
- £3,053pcm
- 10 Year change
- up 83.3%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin NP16 6LP
- Brookside
5 Bed Mid-century House
- Cattraeth
5 Bed Mid-century House
- Hillside Bungalow
Unknown
- Over The Stream
Unknown
- Redlands
4 Bed Modern House
Sales Market Trends
The last sale in NP16 6LP sold for £550,000 on 30th September 2022. Since then prices are down an average of 4.3%.
The current average value in the postcode is £961,840.
The NP16 6LP Sales Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £961,840 |
| June 2025 | 0.8% | £982,077 |
| June 2024 | 0.6% | £973,936 |
| June 2023 | -2.1% | £967,778 |
| June 2022 | 10.7% | £988,172 |
| June 2021 | 8.8% | £892,382 |
| June 2020 | 1.9% | £819,831 |
| June 2019 | 4.8% | £804,419 |
| June 2018 | 10.7% | £767,453 |
| June 2017 | 6.5% | £693,461 |
| June 2016 | 5.8% | £651,203 |
| June 2015 | 1.3% | £615,445 |
| June 2014 | 4.3% | £607,365 |
| June 2013 | 0% | £582,266 |
| June 2012 | 3% | £582,556 |
| June 2011 | 0.8% | £565,567 |
| June 2010 | 7% | £561,094 |
| June 2009 | -8.7% | £524,370 |
| June 2008 | 0.5% | £574,304 |
| June 2007 | 0% | £571,191 |
Rental Market Trends
The current average rental value in the postcode is £3,053.
The NP16 6LP Rental Market has increased by 83.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £3,053pcm |
| June 2025 | 1.9% | £3,043pcm |
| June 2024 | 5.1% | £2,986pcm |
| June 2023 | 10.5% | £2,842pcm |
| June 2022 | 14.1% | £2,571pcm |
| June 2021 | 13.7% | £2,253pcm |
| June 2020 | 9.2% | £1,982pcm |
| June 2019 | 4.2% | £1,815pcm |
| June 2018 | 1.7% | £1,741pcm |
| June 2017 | 2.9% | £1,713pcm |
| June 2016 | 5.6% | £1,665pcm |
| June 2015 | 6% | £1,576pcm |
| June 2014 | 5.4% | £1,487pcm |
| June 2013 | 3.3% | £1,411pcm |
| June 2012 | 2.5% | £1,366pcm |
| June 2011 | 3% | £1,333pcm |
| June 2010 | 5.5% | £1,294pcm |
| June 2009 | -2.9% | £1,226pcm |
| June 2008 | -0.3% | £1,264pcm |
| June 2007 | 0% | £1,268pcm |
Sales History
The last sale was on 30th September 2022 for £550,000 and since then the market in the area has decreased by 4.3%. The postcode has had a total of 10 sales since 1995.
NP16 6LP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£550,000 | 4 Bed HouseRedlands, Well Lane, Chepstow, NP16 6LPRedlands, Well Lane, Chepstow, NP16 6LP
- Sold Sep 2022£920,000 | 5 Bed HouseWhispering Brook, Well Lane, Chepstow, NP16 6LPWhispering Brook, Well Lane, Chepstow, NP16 6LP
- Sold Jan 2022£1,125,000 | 5 Bed HouseSpringfield House, Well Lane, Chepstow, NP16 6LPSpringfield House, Well Lane, Chepstow, NP16 6LP
- Sold Apr 2019£455,000 | 4 Bed HouseRedlands, Well Lane, Chepstow, NP16 6LPRedlands, Well Lane, Chepstow, NP16 6LP
- Sold Dec 2016£445,000 | 5 Bed HouseCattraeth, Well Lane, Chepstow, NP16 6LPCattraeth, Well Lane, Chepstow, NP16 6LP
Nearby Postcodes
NP16 6LP is the 255th largest and the 728th most expensive postcode out of the 748 postcodes in the NP16 area.
- NP16 6RA, Well Lane, Llanvair Discoed, Chepstow, NP16NP16 6RA10 Addresses|60 m away
- NP16 6SR, Rose Court, Llanvair Discoed, Chepstow, NP16NP16 6SR3 Addresses|122 m away
- NP16 6LW, Court House Road, Llanvair Discoed, Chepstow, NP16NP16 6LW11 Addresses|199 m away
- NP16 6LX, Llanvair Discoed, Chepstow, NP16NP16 6LX36 Addresses|202 m away
- NP16 6UH, School Court, Llanvair Discoed, Chepstow, NP16NP16 6UH3 Addresses|223 m away
Property Types
- 3 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (3)
- mid-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jan 2022£1,125,000 | 5 Bed HouseSpringfield House, Well Lane, Chepstow, NP16 6LPSpringfield House, Well Lane, Chepstow, NP16 6LP
- Sold Feb 2007£1,100,000 | 5 Bed HouseSpringfield House, Well Lane, Chepstow, NP16 6LPSpringfield House, Well Lane, Chepstow, NP16 6LP
- Sold Sep 2022£920,000 | 5 Bed HouseWhispering Brook, Well Lane, Chepstow, NP16 6LPWhispering Brook, Well Lane, Chepstow, NP16 6LP
Schools Nearby
Public Transport Nearby
The closest station to NP16 6LP is Severn Tunnel Junction station, which is 5.1 kilometres away.
- Severn Tunnel Junction|5.1 km away
- Caldicot|5.5 km away
- Chepstow|8.9 km away
- Severn Beach|12.1 km away
