28, THE MARTINS, TUTSHILL, CHEPSTOW, NP16 7DP - £205,000

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

28 THE MARTINS is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £231,251. It was last sold for £205,000 in March 2021, which was around 6% below the average March 2021 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

28 THE MARTINS Sold Prices

Land registry data shows eight sales for 28 THE MARTINS since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the eight 28 THE MARTINS 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
2021 22 MAR	£205,000	£219,076	6% below HPI
2017 13 OCT	£171,000	£178,513	4% below HPI
2013 1 MAR	£139,000	£144,074	4% below HPI
2010 28 MAY	£133,950	£153,618	13% below HPI
2003 22 AUG	£103,000	£120,251	14% below HPI
2001 10 AUG	£69,950	£79,800	12% below HPI
2000 16 JUN	£55,000	£63,279	13% below HPI
1996 5 JUL	£42,500	£46,118	8% below HPI

28 THE MARTINS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The eight 28 THE MARTINS sales between July 1996 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 October 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 28 THE MARTINS be worth now?

28 THE MARTINS might now be worth an estimated £231,251.

This is based on house price inflation of 12.8%, between March 2021 and December 2024, for semi-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 12.8% inflationary increase is applied to the most recent sale price for 28 THE MARTINS of £205,000 on 22nd March 2021. For the value to have increased from £205,000 to £231,251 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 28 THE MARTINS has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The March 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 28 THE MARTINS has not materially changed since March 2021.

How Large is 28 THE MARTINS?

28 THE MARTINS is 55m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of semi-detached houses houses in Sedbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sedbury, and where 28 THE MARTINS lies on this distribution: 1% of semi-detached houses houses are smaller than 28 THE MARTINS, and 99% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

28 THE MARTINS: Plot and Title Map

28 THE MARTINS sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 28 THE MARTINS, 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 28 THE MARTINS). 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 28 THE MARTINS?

28 THE MARTINS is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 28 on THE MARTINS.