2, WYEBANK ROAD, TUTSHILL, CHEPSTOW, NP16 7ER - £133,000

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

2 WYEBANK ROAD is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £311,574. It was last sold for £133,000 in February 2003, which was around 18% below the average February 2003 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

2 WYEBANK ROAD Sold Prices

Land registry data shows two sales for 2 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 2 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
2003 21 FEB	£133,000	£163,073	18% below HPI
1999 23 MAR	£64,000	£87,650	27% below HPI

2 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 2 WYEBANK ROAD sales from March 1999 and February 2003 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 March 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2003 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 WYEBANK ROAD be worth now?

2 WYEBANK ROAD might now be worth an estimated £311,574.

This is based on house price inflation of 134.3%, between February 2003 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 134.3% inflationary increase is applied to the most recent sale price for 2 WYEBANK ROAD of £133,000 on 21st February 2003. For the value to have increased from £133,000 to £311,574 over the twenty years and two months to December 2024, the following assumptions must hold true:

• The value of 2 WYEBANK ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2003 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WYEBANK ROAD has not materially changed since February 2003.

How Large is 2 WYEBANK ROAD?

2 WYEBANK ROAD is 72m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% 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 2 WYEBANK ROAD lies on this distribution: 17% of detached houses houses are smaller than 2 WYEBANK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

2 WYEBANK ROAD: Plot and Title Map

2 WYEBANK ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 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 2 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 2 WYEBANK ROAD?

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