5, WIREWOOD CLOSE, TUTSHILL, CHEPSTOW, NP16 7BY - £377,000

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

5 WIREWOOD CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £377,000 in April 2024, which was around 1% below the average April 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

5 WIREWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 WIREWOOD CLOSE 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. Both of the two 5 WIREWOOD CLOSE 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
2024 5 APR	£377,000	£380,121	1% below HPI
2008 13 AUG	£200,000	£254,254	21% below HPI

5 WIREWOOD CLOSE 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 5 WIREWOOD CLOSE sales from August 2008 and April 2024 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 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 WIREWOOD CLOSE?

5 WIREWOOD CLOSE is 71m² according to the EPC inspection conducted in December 2022. 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 5 WIREWOOD CLOSE lies on this distribution: 2% of detached houses are smaller than 5 WIREWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

5 WIREWOOD CLOSE: Plot and Title Map

5 WIREWOOD CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 5 WIREWOOD CLOSE, 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 WIREWOOD CLOSE). 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 WIREWOOD CLOSE?

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