33, THE MARTINS, TUTSHILL, CHEPSTOW, NP16 7DP - £102,500

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

33 THE MARTINS is a very small semi-detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £235,594. It was last sold for £102,500 in May 2003, which was around 5% below the average May 2003 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

33 THE MARTINS Sold Prices

Land registry data shows three sales for 33 THE MARTINS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 33 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
2003 23 MAY	£102,500	£107,519	5% below HPI
2001 7 SEP	£63,500	£80,541	21% below HPI
1999 8 JUN	£54,950	£59,676	8% below HPI

33 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 three 33 THE MARTINS sales between June 1999 and May 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 September 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2003 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 33 THE MARTINS be worth now?

33 THE MARTINS might now be worth an estimated £235,594.

This is based on house price inflation of 129.8%, between May 2003 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 129.8% inflationary increase is applied to the most recent sale price for 33 THE MARTINS of £102,500 on 23rd May 2003. For the value to have increased from £102,500 to £235,594 over the twenty years and five months to December 2024, the following assumptions must hold true:

• The value of 33 THE MARTINS has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The May 2003 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 33 THE MARTINS has not materially changed since May 2003.

How Large is 33 THE MARTINS?

33 THE MARTINS is 53m² according to the EPC inspection conducted in June 2021. 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 33 THE MARTINS lies on this distribution: 1% of semi-detached houses houses are smaller than 33 THE MARTINS, and 99% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

33 THE MARTINS: Plot and Title Map

33 THE MARTINS sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 33 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 33 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 33 THE MARTINS?

33 THE MARTINS is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 33 on THE MARTINS.