8, WYEBANK PLACE, TUTSHILL, CHEPSTOW, NP16 7EU - £242,500

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 WYEBANK PLACE is a small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £377,241. It was last sold for £242,500 in February 2015, which was around 1% below the average February 2015 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

8 WYEBANK PLACE Sold Prices

Land registry data shows three sales for 8 WYEBANK PLACE 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 8 WYEBANK PLACE 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
2015 24 FEB	£242,500	£245,575	1% below HPI
2009 25 JUN	£150,000	£213,289	30% below HPI
2005 10 JUN	£187,000	£223,674	16% below HPI

8 WYEBANK PLACE 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 8 WYEBANK PLACE sales between June 2005 and February 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 June 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 WYEBANK PLACE be worth now?

8 WYEBANK PLACE might now be worth an estimated £377,241.

This is based on house price inflation of 55.6%, between February 2015 and December 2024, 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 55.6% inflationary increase is applied to the most recent sale price for 8 WYEBANK PLACE of £242,500 on 24th February 2015. For the value to have increased from £242,500 to £377,241 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 8 WYEBANK PLACE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2015 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WYEBANK PLACE has not materially changed since February 2015.

How Large is 8 WYEBANK PLACE?

8 WYEBANK PLACE is 79m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses houses in Sedbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedbury, and where 8 WYEBANK PLACE lies on this distribution: 39% of detached houses houses are smaller than 8 WYEBANK PLACE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

8 WYEBANK PLACE: Plot and Title Map

8 WYEBANK PLACE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 8 WYEBANK PLACE, 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 WYEBANK PLACE). 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 WYEBANK PLACE?

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