8, PARK GLADE, TINTERN, CHEPSTOW, NP16 6TX - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 PARK GLADE is a midsized extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £557,945. It was last sold for £340,000 in July 2015, which was around 15% above the average July 2015 detached price in the Monmouthshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

8 PARK GLADE Sold Prices

Land registry data shows two sales for 8 PARK GLADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 8 PARK GLADE sales 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
2015 10 JUL	£340,000	£296,809	15% above HPI
2005 15 MAR	£300,000	£256,863	17% above HPI

8 PARK GLADE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 8 PARK GLADE sales from March 2005 and July 2015 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 March 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 PARK GLADE be worth now?

8 PARK GLADE might now be worth an estimated £557,945.

This is based on house price inflation of 64.1%, between July 2015 and December 2024, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.1% inflationary increase is applied to the most recent sale price for 8 PARK GLADE of £340,000 on 10th July 2015. For the value to have increased from £340,000 to £557,945 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 PARK GLADE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK GLADE has not materially changed since July 2015.

How Large is 8 PARK GLADE?

8 PARK GLADE is 125m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses houses in Tintern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tintern, and where 8 PARK GLADE lies on this distribution: 41% of detached houses houses are smaller than 8 PARK GLADE, and 59% of houses are larger. Note that EPC data is not available for all properties in Tintern.

8 PARK GLADE: Plot and Title Map

8 PARK GLADE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 8 PARK GLADE, 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 8 PARK GLADE). 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 8 PARK GLADE?

8 PARK GLADE is located in TINTERN, in the NP16 postcode district. The below map shows the position of No. 8 on PARK GLADE.