8, PIERMONT DRIVE, TUTSHILL, CHEPSTOW, NP16 7EB - £670,000

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

8 PIERMONT DRIVE is a very large extended detached house of 253m², built sometime between 2003 and 2006. It was last sold for £670,000 in January 2021, which was around 94% above the average January 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

8 PIERMONT DRIVE Sold Prices

Land registry data shows two sales for 8 PIERMONT DRIVE 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 8 PIERMONT DRIVE 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
2021 26 JAN	£670,000	£344,701	94% above HPI
2004 30 APR	£475,000	£207,396	129% above HPI

8 PIERMONT DRIVE 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 8 PIERMONT DRIVE sales from April 2004 and January 2021 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 April 2004 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the January 2021 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is 8 PIERMONT DRIVE?

8 PIERMONT DRIVE is 253m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 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 8 PIERMONT DRIVE lies on this distribution: 97% of detached houses are smaller than 8 PIERMONT DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

8 PIERMONT DRIVE: Plot and Title Map

8 PIERMONT DRIVE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 8 PIERMONT DRIVE, 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 PIERMONT DRIVE). 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 PIERMONT DRIVE?

8 PIERMONT DRIVE is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 8 on PIERMONT DRIVE.