45, Summerhouse Lane
45, Summerhouse Lane
Description & Estimates
45, Summerhouse Lane, Chepstow is recorded publicly as a modern freehold house across 979 ft2 of internal area, sitting on a 268 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 45, Summerhouse Lane, Chepstow is £311,906 and its rental estimate is £1,664 per month, given the available information and assuming reasonable condition.
Summerhouse Lane, Chepstow, NP16 falls within the NP16 postal district.
Our Data Sources
45, Summerhouse Lane, Chepstow has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 45, Summerhouse Lane, Chepstow, we estimate a market value of £327,501 and a rental value of £1,747 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,072 and £1,548 per month respectively.
Recent Market Change
Over the last year, 45, Summerhouse Lane, Chepstow has seen its estimated sale value grow by £4,042 (1.3%) and its estimated rental value climb by £54 per month (3.2%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 45, Summerhouse Lane, Chepstow as measuring 268 m2.
That makes it the 8th largest plot in the postcode, where all 30 other houses have recorded plot data.
Energy Efficiency
45, Summerhouse Lane, Chepstow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 45, Summerhouse Lane, Chepstow completed on 25th June 2021 at £270,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 61.2% over the period since June 2021.
- Sold Jun 2021£270,000
- Sold Sep 1999£79,450
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Summerhouse Lane, Chepstow have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2021, was 4, Old Oak Close, Chepstow, NP16 5TF, a freehold house which sold for £325,000.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 30 addresses on Summerhouse Lane, Chepstow, NP16, 45, Summerhouse Lane, Chepstow comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the NP16 district.
More reading links
Schools Nearby
- 1.9kmLift Offa's Mead
More reading links
Public Transport Nearby
From 45, Summerhouse Lane, Chepstow, the nearest station is Chepstow, 1.7 kilometres away.
- 1.7kmChepstow
- 7.3kmSevern Beach
- 7.6kmCaldicot
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
