38, INNER LOOP ROAD, BEACHLEY, CHEPSTOW, NP16 7HF - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 INNER LOOP ROAD is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £280,000 in October 2014, which was around 10% above the average October 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

38 INNER LOOP ROAD Sold Prices

Land registry data shows two sales for 38 INNER LOOP 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. One of the two 38 INNER LOOP ROAD sales was for above the average price, whilst the other was 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
2014 3 OCT	£280,000	£253,870	10% above HPI
2007 23 APR	£232,500	£246,532	6% below HPI

38 INNER LOOP 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 38 INNER LOOP ROAD sales from April 2007 and October 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 April 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 38 INNER LOOP ROAD?

38 INNER LOOP ROAD is 107m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Beachley, based on EPC data. The below chart shows the distribution of detached houses by size in Beachley, and where 38 INNER LOOP ROAD lies on this distribution: 29% of detached houses are smaller than 38 INNER LOOP ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Beachley.

38 INNER LOOP ROAD: Plot and Title Map

38 INNER LOOP ROAD sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 38 INNER LOOP 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 38 INNER LOOP 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 38 INNER LOOP ROAD?

38 INNER LOOP ROAD is located in BEACHLEY, in the NP16 postcode district. The below map shows the position of No. 38 on INNER LOOP ROAD.