2, WATCHTOWER WAY, TUTSHILL, CHEPSTOW, NP16 7FG - £374,950

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

2 WATCHTOWER WAY is a small detached house of 121m². It was last sold for £374,950 in March 2021, which was around 10% above the average March 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

2 WATCHTOWER WAY Sold Prices

Land registry data shows two sales for 2 WATCHTOWER 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 2 WATCHTOWER WAY sales were for above 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
2021 18 MAR	£374,950	£339,771	10% above HPI
2016 29 JAN	£310,000	£265,863	17% above HPI

2 WATCHTOWER 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 2 WATCHTOWER WAY sales from January 2016 and March 2021 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 January 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 WATCHTOWER WAY?

2 WATCHTOWER WAY is 121m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Tutshill, based on EPC data. The below chart shows the distribution of detached houses by size in Tutshill, and where 2 WATCHTOWER WAY lies on this distribution: 35% of detached houses are smaller than 2 WATCHTOWER WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

2 WATCHTOWER WAY: Plot and Title Map

2 WATCHTOWER WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 WATCHTOWER 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 2 WATCHTOWER 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 2 WATCHTOWER WAY?

2 WATCHTOWER WAY is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 2 on WATCHTOWER WAY.