22, SEVERN AVENUE, TUTSHILL, CHEPSTOW, NP16 7EE - £375,000

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 SEVERN AVENUE is a small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £375,000 in January 2023, which was around 6% below the average January 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

22 SEVERN AVENUE Sold Prices

Land registry data shows two sales for 22 SEVERN AVENUE 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 SEVERN AVENUE 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
2023 20 JAN	£375,000	£399,031	6% below HPI
2004 19 JAN	£155,000	£204,396	24% below HPI

22 SEVERN AVENUE 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 SEVERN AVENUE sales from January 2004 and January 2023 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 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 22 SEVERN AVENUE?

22 SEVERN AVENUE is 99m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% 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 SEVERN AVENUE lies on this distribution: 24% of detached houses are smaller than 22 SEVERN AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

22 SEVERN AVENUE: Plot and Title Map

22 SEVERN AVENUE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 22 SEVERN AVENUE, 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 SEVERN AVENUE). 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 SEVERN AVENUE?

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