4, Parva Springs
4, Parva Springs
Description & Estimates
According to the public record, 4, Parva Springs, Chepstow is a mid-century freehold house with 2,120 ft2 of internal area and sits on a 779 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Parva Springs, Chepstow is £524,130 and the estimated rental value is £2,250 per month.
Parva Springs, Tintern, Chepstow, NP16 is located within the NP16 postal district.
Our Data Sources
4, Parva Springs, Chepstow has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Parva Springs, Chepstow is in very good condition we estimate a sale value of £550,336 and a rental value of £2,363 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,441 and a rental value of £2,093 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Parva Springs, Chepstow has dropped by £10,411 (2.0%), while its estimated rental value has fallen by £5 per month (0.2%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Plot Size
According to data from HM Land Registry, 4, Parva Springs, Chepstow sits on a plot of 779 m2.
We have plot size data on 18 out of 20 other houses in the postcode and 4, Parva Springs, Chepstow sits on the 7th largest plot.
Energy Efficiency
4, Parva Springs, Chepstow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 4, Parva Springs, Chepstow was last sold on 7th December 2015 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen by 49.5%.
- Sold Dec 2015£285,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Parva Springs, Chepstow within a radius of 4.8 kilometres over the last 2 years.
The most recent example is Ty Nant, Chepstow, NP16 6TH, a freehold house which sold for £488,750 on the 11th August 2017.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Parva Springs, Tintern, Chepstow, NP16 has a total of 20 addresses. According to our analysis of all the public data, 4, Parva Springs, Chepstow is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in NP16.
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Schools Nearby
- 4.4kmSt Briavels Parochial Church of England Primary School
- 5.9kmTutshill Church of England Primary School
- 6.8kmWoolaston Primary School
- 7.3kmWyedean School and Sixth Form Centre
More reading links
Public Transport Nearby
The closest station to 4, Parva Springs, Chepstow is Chepstow station, which is 7.4 kilometres away.
- 7.4kmChepstow
- 10.6kmLydney
- 14.2kmCaldicot
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
