5, Lime Way
5, Lime Way
Description & Estimates
5, Lime Way, Chepstow is recorded publicly as a modern freehold house across 1,754 ft2 of internal area, sitting on a 406 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Lime Way, Chepstow is £544,652 and its rental estimate is £1,991 per month, given the available information and assuming reasonable condition.
Lime Way, Tutshill, Chepstow, NP16 falls within the NP16 postal district, in the borough of Forest of Dean.
Our Data Sources
5, Lime Way, Chepstow has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 5, Lime Way, Chepstow, we estimate a market value of £571,884 and a rental value of £2,091 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £506,526 and £1,852 per month respectively.
Recent Market Change
Over the last year, 5, Lime Way, Chepstow has seen its estimated sale value fall by £1,569 (0.3%) and its estimated rental value move up by £20 per month (1.0%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 5, Lime Way, Chepstow as measuring 406 m2.
That makes it the 9th largest plot in the postcode, where 12 of the 23 other houses have recorded plot data.
Energy Efficiency
5, Lime Way, Chepstow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Lime Way, Chepstow completed on 20th October 2023 at £568,000 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 3.8% over the period since October 2023.
- Sold Oct 2023£568,000
- Sold Aug 2019£479,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Lime Way, Chepstow have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th August 2021, was 8, Lime Way, Chepstow, NP16 7FQ, a freehold house which sold for £467,995.
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
Of the 23 addresses on Lime Way, Tutshill, Chepstow, NP16, 5, Lime Way, Chepstow comes out as the 9th largest and the 11th most expensive in our analysis of the public data.
It is also £163k more expensive than the average property across the NP16 district.
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Schools Nearby
- 600mTutshill Church of England Primary School
- 1.0kmLift Offa's Mead
- 900mWyedean School and Sixth Form Centre
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Public Transport Nearby
From 5, Lime Way, Chepstow, the nearest station is Chepstow, 1.4 kilometres away.
- 1.4kmChepstow
- 9.8kmCaldicot
- 10.1kmSevern Beach
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
