1, NORSE WAY, SEDBURY, CHEPSTOW, NP16 7BB - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NORSE WAY is a very large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £285,000 in February 2019, which was around 11% below the average February 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

1 NORSE WAY Sold Prices

Land registry data shows two sales for 1 NORSE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 1 NORSE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 15 FEB	£285,000	£320,731	11% below HPI
2002 3 MAY	£99,950	£137,883	28% below HPI

1 NORSE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 1 NORSE WAY sales from May 2002 and February 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 NORSE WAY?

1 NORSE WAY is 132m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Sedbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sedbury, and where 1 NORSE WAY lies on this distribution: 92% of detached houses are smaller than 1 NORSE WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

1 NORSE WAY: Plot and Title Map

1 NORSE WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 1 NORSE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 NORSE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 NORSE WAY?

1 NORSE WAY is located in SEDBURY, in the NP16 postcode district. The below map shows the position of No. 1 on NORSE WAY.