22, ELM ROAD, TUTSHILL, CHEPSTOW, NP16 7BX - £240,000

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

22 ELM ROAD is a midsized detached house of 138m², built sometime between 1930 and 1949. It was last sold for £240,000 in April 2014, which was around 3% above the average April 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

22 ELM ROAD Sold Prices

Land registry data shows two sales for 22 ELM 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 22 ELM ROAD 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
2014 4 APR	£240,000	£232,944	3% above HPI
1997 19 NOV	£91,500	£83,021	10% above HPI

22 ELM 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 22 ELM ROAD sales from November 1997 and April 2014 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 November 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 22 ELM ROAD?

22 ELM ROAD is 138m² according to the EPC inspection conducted in January 2024. This puts it in the largest 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 22 ELM ROAD lies on this distribution: 52% of detached houses are smaller than 22 ELM ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

22 ELM ROAD: Plot and Title Map

22 ELM ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 22 ELM 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 22 ELM 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 22 ELM ROAD?

22 ELM ROAD is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 22 on ELM ROAD.