8, WYEBANK ROAD, TUTSHILL, CHEPSTOW, NP16 7ER - £340,000

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 WYEBANK ROAD is a large extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £340,000 in August 2024, which was around 16% below the average August 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

8 WYEBANK ROAD Sold Prices

Land registry data shows six sales for 8 WYEBANK ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the six 8 WYEBANK ROAD 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
2024 9 AUG	£340,000	£405,111	16% below HPI
2017 12 JUL	£9,000	£278,136	97% below HPI
2008 1 APR	£238,000	£253,274	6% below HPI
2005 3 OCT	£219,000	£230,295	5% below HPI
2000 21 JUL	£90,500	£111,474	19% below HPI
1996 2 DEC	£74,000	£79,247	7% below HPI

8 WYEBANK ROAD 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 six 8 WYEBANK ROAD sales between December 1996 and August 2024 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 2017 sale was for 97% below the HPI. So the extrapolation line tracks at 97% below the HPI over time, until the August 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 WYEBANK ROAD?

8 WYEBANK ROAD is 107m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 30% of detached houses in Sedbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sedbury, and where 8 WYEBANK ROAD lies on this distribution: 76% of detached houses are smaller than 8 WYEBANK ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

8 WYEBANK ROAD: Plot and Title Map

8 WYEBANK ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 8 WYEBANK ROAD, 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 ROAD). 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 ROAD?

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