24B, WYEBANK WAY, TUTSHILL, CHEPSTOW, NP16 7DN - £89,950

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

24B WYEBANK WAY is a large extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £420,555. It was last sold for £89,950 in March 1998, which was around 10% above the average March 1998 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

24B WYEBANK WAY Sold Prices

Land registry data shows two sales for 24B WYEBANK 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 24B WYEBANK 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
1998 30 MAR	£89,950	£81,709	10% above HPI
1996 31 JUL	£84,950	£74,199	14% above HPI

24B WYEBANK 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 24B WYEBANK WAY sales from July 1996 and March 1998 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 July 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 1998 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 24B WYEBANK WAY be worth now?

24B WYEBANK WAY might now be worth an estimated £420,555.

This is based on house price inflation of 367.5%, between March 1998 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 367.5% inflationary increase is applied to the most recent sale price for 24B WYEBANK WAY of £89,950 on 30th March 1998. For the value to have increased from £89,950 to £420,555 over the 25 years and three months to December 2024, the following assumptions must hold true:

• The value of 24B WYEBANK WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The March 1998 sale price of £89,950 represented a fair market value for the property.
• The size, condition, and specification of 24B WYEBANK WAY has not materially changed since March 1998.

How Large is 24B WYEBANK WAY?

24B WYEBANK WAY is 110m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% 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 24B WYEBANK WAY lies on this distribution: 78% of detached houses houses are smaller than 24B WYEBANK WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

24B WYEBANK WAY: Plot and Title Map

24B WYEBANK WAY sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 24B WYEBANK 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 24B WYEBANK 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 24B WYEBANK WAY?

24B WYEBANK WAY is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 24B on WYEBANK WAY.