53, WYEBANK WAY, TUTSHILL, CHEPSTOW, NP16 7DN - £242,000

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

53 WYEBANK WAY is a large extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £242,000 in August 2016, which was around 12% below the average August 2016 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.

53 WYEBANK WAY Sold Prices

Land registry data shows three sales for 53 WYEBANK WAY 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. All of the three 53 WYEBANK WAY 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
2016 12 AUG	£242,000	£274,658	12% below HPI
2007 6 JUL	£190,000	£262,122	28% below HPI
1997 20 NOV	£69,000	£83,021	17% below HPI

53 WYEBANK WAY 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 53 WYEBANK WAY sales between November 1997 and August 2016 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 July 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 53 WYEBANK WAY?

53 WYEBANK WAY is 96m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Sedbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sedbury, and where 53 WYEBANK WAY lies on this distribution: 67% of detached houses are smaller than 53 WYEBANK WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

53 WYEBANK WAY: Plot and Title Map

53 WYEBANK WAY sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 53 WYEBANK WAY, 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 53 WYEBANK WAY). 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 53 WYEBANK WAY?

53 WYEBANK WAY is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 53 on WYEBANK WAY.