1, WYEBANK ROAD, TUTSHILL, CHEPSTOW, NP16 7ER - £316,000

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 WYEBANK ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £316,000 in May 2024, which was around 18% below the average May 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

1 WYEBANK ROAD Sold Prices

Land registry data shows two sales for 1 WYEBANK ROAD 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 WYEBANK ROAD 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
2024 24 MAY	£316,000	£385,354	18% below HPI
2005 13 SEP	£186,000	£231,120	20% below HPI

1 WYEBANK ROAD 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 WYEBANK ROAD sales from September 2005 and May 2024 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 September 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 WYEBANK ROAD?

1 WYEBANK ROAD is 65m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 WYEBANK ROAD lies on this distribution: 9% of detached houses are smaller than 1 WYEBANK ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

1 WYEBANK ROAD: Plot and Title Map

1 WYEBANK ROAD sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 1 WYEBANK ROAD, 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 ROAD). 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 ROAD?

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