9, THE MARTINS, TUTSHILL, CHEPSTOW, NP16 7DP - £193,000

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

9 THE MARTINS is a large detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £339,066. It was last sold for £193,000 in March 2005, which was around 11% below the average March 2005 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

9 THE MARTINS Sold Prices

Land registry data shows three sales for 9 THE MARTINS 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. Two of the three 9 THE MARTINS sales were for below the average price, whilst one 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
2005 18 MAR	£193,000	£217,453	11% below HPI
2001 12 OCT	£106,000	£138,381	23% below HPI
1997 20 MAR	£78,500	£75,930	3% above HPI

9 THE MARTINS 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 9 THE MARTINS sales between March 1997 and March 2005 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 October 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2005 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 THE MARTINS be worth now?

9 THE MARTINS might now be worth an estimated £339,066.

This is based on house price inflation of 75.7%, between March 2005 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 75.7% inflationary increase is applied to the most recent sale price for 9 THE MARTINS of £193,000 on 18th March 2005. For the value to have increased from £193,000 to £339,066 over the eighteen years and three months to December 2024, the following assumptions must hold true:

• The value of 9 THE MARTINS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The March 2005 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE MARTINS has not materially changed since March 2005.

How Large is 9 THE MARTINS?

9 THE MARTINS is 92m² according to the EPC inspection conducted in January 2009. This puts it in the largest 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 9 THE MARTINS lies on this distribution: 63% of detached houses houses are smaller than 9 THE MARTINS, and 37% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

9 THE MARTINS: Plot and Title Map

9 THE MARTINS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 9 THE MARTINS, 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 9 THE MARTINS). 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 9 THE MARTINS?

9 THE MARTINS is located in TUTSHILL, in the NP16 postcode district. The below map shows the position of No. 9 on THE MARTINS.