1, WYEBANK CLOSE, TUTSHILL, CHEPSTOW, NP16 7ET - £98,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WYEBANK CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £282,005. It was last sold for £98,000 in April 2002, which was around 26% below the average April 2002 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

1 WYEBANK CLOSE Sold Prices

Land registry data shows three sales for 1 WYEBANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 1 WYEBANK CLOSE 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
2002 10 APR	£98,000	£132,758	26% below HPI
1998 2 OCT	£68,000	£86,801	22% below HPI
1997 10 OCT	£55,000	£83,244	34% below HPI

1 WYEBANK CLOSE 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 three 1 WYEBANK CLOSE sales between October 1997 and April 2002 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 October 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2002 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 WYEBANK CLOSE be worth now?

1 WYEBANK CLOSE might now be worth an estimated £282,005.

This is based on house price inflation of 187.8%, between April 2002 and December 2024, 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 187.8% inflationary increase is applied to the most recent sale price for 1 WYEBANK CLOSE of £98,000 on 10th April 2002. For the value to have increased from £98,000 to £282,005 over the 21 years and four months to December 2024, the following assumptions must hold true:

• The value of 1 WYEBANK CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2002 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WYEBANK CLOSE has not materially changed since April 2002.

How Large is 1 WYEBANK CLOSE?

1 WYEBANK CLOSE is 62m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses houses in Sedbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedbury, and where 1 WYEBANK CLOSE lies on this distribution: 5% of detached houses houses are smaller than 1 WYEBANK CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

1 WYEBANK CLOSE: Plot and Title Map

1 WYEBANK CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 1 WYEBANK CLOSE, 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 WYEBANK CLOSE). 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 WYEBANK CLOSE?

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