7 Mercian Way, Sedbury, Chepstow, NP16 7AP is a freehold terraced property built between 1930-1949. The property offers approximately 1,195 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £356,391 , which equates to approximately £298 per square foot. It was last sold on 19 Dec 2019 for £265,000. Since then, the value has increased by £91,391, representing a 34.5% increase, or approximately 5.7% per year.

The current estimated value of £356,391 is:

  • 43.1% higher than the average property price on Mercian Way
  • 42.1% higher than the average in the NP16 7AP postcode area
  • and 20.8% lower than the average price for Chepstow as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 28 February 2019, the property was recorded as owner-occupied.

View sold house prices in NP16 7AP

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
1195 sq ft
Tenure
Freehold
Price (estimate)
£356,391
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
4 bedrooms

EPC Summary

7 Mercian Way, Sedbury, Chepstow, Forest Of Dean, Gloucestershire, NP16 7AP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Feb 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Apr 2014. The rating of D remains the same, but the energy efficiency score improved by 1.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NP16 7AP

2 nd / 19
Price Rank
42% higher than average
3 rd / 16
Size Rank
18% bigger than average
5 th / 16
Price Per Sq FT Rank
20% higher than average

Compared to other properties in NP16 7AP , this house's estimated value ranks 2nd out of 19. Based on price per square foot, it ranks 5th out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 3rd out of 16 properties in its postcode area.

Sale History

Today
£356,391
streetscan.co.uk estimate
+34 %
19 Dec 2019
£265,000
Leasehold
+97.8 %
2 Sep 2014
£134,000
Leasehold
+17.8 %
8 Jul 2005
£113,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1076 sq ft
sale price: £233,000
sale date: 1 Apr 2022
rooms: 6
size: 1244 sq ft
sale price: £265,000
sale date: 9 May 2018

Data Sources

The property at 7 Mercian Way, Sedbury, Chepstow, NP16 7AP appears three times in the Land Registry records, with the latest transaction recorded on 19 Dec 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Feb 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.