4, ELM ROAD, TUTSHILL, CHEPSTOW, NP16 7BX - £370,000

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

4 ELM ROAD is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £370,000 in December 2022, which was around 4% below the average December 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

4 ELM ROAD Sold Prices

Land registry data shows three sales for 4 ELM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. One of the three 4 ELM ROAD sales was for below the average price, whilst two 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
2022 15 DEC	£370,000	£386,687	4% below HPI
2014 4 NOV	£282,500	£253,882	11% above HPI
1995 9 JUN	£80,000	£73,426	9% above HPI

4 ELM 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 three 4 ELM ROAD sales between June 1995 and December 2022 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 November 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 4 ELM ROAD?

4 ELM ROAD is 71m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Tutshill, based on EPC data. The below chart shows the distribution of detached houses by size in Tutshill, and where 4 ELM ROAD lies on this distribution: 2% of detached houses are smaller than 4 ELM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

4 ELM ROAD: Plot and Title Map

4 ELM ROAD sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 4 ELM 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 4 ELM 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 4 ELM ROAD?

4 ELM ROAD is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 4 on ELM ROAD.