5, THE MYRTLES, TUTSHILL, CHEPSTOW, NP16 7BQ - £237,500

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

5 THE MYRTLES is a small detached house of 116m², built sometime between 1991 and 1995. It was last sold for £237,500 in November 2009, which was around 5% above the average November 2009 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

5 THE MYRTLES Sold Prices

Land registry data shows three sales for 5 THE MYRTLES 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. Two of the three 5 THE MYRTLES sales were for above the average price, whilst one 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
2009 20 NOV	£237,500	£225,714	5% above HPI
2003 28 AUG	£198,000	£194,046	2% above HPI
1995 4 APR	£31,950	£69,861	54% below HPI

5 THE MYRTLES 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 5 THE MYRTLES sales between April 1995 and November 2009 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 August 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2009 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 THE MYRTLES?

5 THE MYRTLES is 116m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Tutshill, based on EPC data. The below chart shows the distribution of detached houses by size in Tutshill, and where 5 THE MYRTLES lies on this distribution: 34% of detached houses are smaller than 5 THE MYRTLES, and 66% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

5 THE MYRTLES: Plot and Title Map

5 THE MYRTLES sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 5 THE MYRTLES, 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 5 THE MYRTLES). 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 5 THE MYRTLES?

5 THE MYRTLES is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 5 on THE MYRTLES.