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

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 SEVERN AVENUE is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £369,500 in August 2017, which was around 33% 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	£277,157	33% above HPI
2002 26 APR	£100,000	£133,527	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 33% above the HPI. The line then continues to track at 33% above the HPI.

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 in Tutshill, based on EPC data. The below chart shows the distribution of detached houses by size in Tutshill, and where 1 SEVERN AVENUE lies on this distribution: 43% of detached houses are smaller than 1 SEVERN AVENUE, and 57% 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.