8, WIREWOOD CRESCENT, TUTSHILL, CHEPSTOW, NP16 7BZ - £192,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WIREWOOD CRESCENT is a small detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £333,444. It was last sold for £192,500 in February 2011, which was around 18% below the average February 2011 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was D.

8 WIREWOOD CRESCENT Sold Prices

Land registry data shows two sales for 8 WIREWOOD CRESCENT 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. One of the two 8 WIREWOOD CRESCENT sales was for below the average price, whilst the other was 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
2011 25 FEB	£192,500	£233,830	18% below HPI
1996 15 FEB	£80,500	£66,839	20% above HPI

8 WIREWOOD CRESCENT 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 WIREWOOD CRESCENT sales from February 1996 and February 2011 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 February 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 WIREWOOD CRESCENT be worth now?

8 WIREWOOD CRESCENT might now be worth an estimated £333,444.

This is based on house price inflation of 73.2%, between February 2011 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.2% inflationary increase is applied to the most recent sale price for 8 WIREWOOD CRESCENT of £192,500 on 25th February 2011. For the value to have increased from £192,500 to £333,444 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 8 WIREWOOD CRESCENT has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2011 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WIREWOOD CRESCENT has not materially changed since February 2011.

How Large is 8 WIREWOOD CRESCENT?

8 WIREWOOD CRESCENT is 109m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Tutshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tutshill, and where 8 WIREWOOD CRESCENT lies on this distribution: 32% of detached houses houses are smaller than 8 WIREWOOD CRESCENT, and 67% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

8 WIREWOOD CRESCENT: Plot and Title Map

8 WIREWOOD CRESCENT sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 8 WIREWOOD CRESCENT, 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 WIREWOOD CRESCENT). 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 WIREWOOD CRESCENT?

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