1, SEVERN AVENUE, TUTSHILL, CHEPSTOW, NP16 7EF - £369,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SEVERN AVENUE is a midsized extended detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £543,112. It was last sold for £369,500 in August 2017, which was around 34% above the average August 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

1 SEVERN AVENUE Sold Prices

Land registry data shows two sales for 1 SEVERN AVENUE 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. One of the two 1 SEVERN AVENUE sales was for above the average price, whilst the other was 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
2017 21 AUG	£369,500	£275,561	34% above HPI
2002 26 APR	£100,000	£132,758	25% below HPI

1 SEVERN AVENUE 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 SEVERN AVENUE sales from April 2002 and August 2017 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 April 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2017 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 1 SEVERN AVENUE be worth now?

1 SEVERN AVENUE might now be worth an estimated £543,112.

This is based on house price inflation of 47%, between August 2017 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47% inflationary increase is applied to the most recent sale price for 1 SEVERN AVENUE of £369,500 on 21st August 2017. For the value to have increased from £369,500 to £543,112 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SEVERN AVENUE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2017 sale price of £369,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SEVERN AVENUE has not materially changed since August 2017.

How Large is 1 SEVERN AVENUE?

1 SEVERN AVENUE is 127m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses houses in Tutshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tutshill, and where 1 SEVERN AVENUE lies on this distribution: 44% of detached houses houses are smaller than 1 SEVERN AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

1 SEVERN AVENUE: Plot and Title Map

1 SEVERN AVENUE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 1 SEVERN AVENUE, 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 SEVERN AVENUE). 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 SEVERN AVENUE?

1 SEVERN AVENUE is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 1 on SEVERN AVENUE.