Our Data Sources
8, Somerset Way, Chepstow has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated April 2014.
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 8, Somerset Way, Chepstow, we estimate a market value of £295,714 and a rental value of £1,656 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,918 and £1,467 per month respectively.
Plot Size
HM Land Registry records the plot of land for 8, Somerset Way, Chepstow as measuring 180 m2.
That makes it the 21st largest plot in the postcode, where 27 of the 30 other houses have recorded plot data.
Energy Efficiency
8, Somerset Way, Chepstow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2014.
The property is not 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 8, Somerset Way, Chepstow completed on 26th January 2024 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 39.6% over the period since January 2024.
- Sold Jan 2024£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Somerset Way, Chepstow have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 48, Western Avenue, Chepstow, NP16 5NN, a freehold house which sold for £255,000.
Read more about house prices in NP16.
- Sold Jun 2024£255,000 | 3 Bed House48, Western Avenue, Chepstow, NP16 5NN48, Western Avenue, Chepstow, NP16 5NN
- Sold Sep 2023£260,000 | 3 Bed House19, Somerset Way, Chepstow, NP16 5NP19, Somerset Way, Chepstow, NP16 5NP
- Sold Feb 2022£247,500 | 3 Bed House82, Western Avenue, Chepstow, NP16 5NW82, Western Avenue, Chepstow, NP16 5NW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 84 addresses on Somerset Way, Bulwark, Chepstow, NP16, 8, Somerset Way, Chepstow comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the NP16 district.
More reading links
Schools Nearby
Public Transport Nearby
- 1.7kmChepstow
- 7.3kmSevern Beach
- 7.4kmCaldicot
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.
