16, TINMANS GREEN, REDBROOK, MONMOUTH, NP25 4NB - £190,000

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.

16 TINMANS GREEN is a very small extended semi-detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £274,683. It was last sold for £190,000 in March 2017, which was around 7% above the average March 2017 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

16 TINMANS GREEN Sold Prices

Land registry data shows four sales for 16 TINMANS GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four 16 TINMANS GREEN 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
2017 20 MAR	£190,000	£177,907	7% above HPI
2005 17 OCT	£162,000	£149,525	8% above HPI
2003 7 MAR	£116,000	£104,225	11% above HPI
1996 5 JUL	£69,995	£46,118	52% above HPI

16 TINMANS GREEN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The four 16 TINMANS GREEN sales between July 1996 and March 2017 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 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 TINMANS GREEN be worth now?

16 TINMANS GREEN might now be worth an estimated £274,683.

This is based on house price inflation of 44.6%, between March 2017 and May 2026, for semi-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 44.6% inflationary increase is applied to the most recent sale price for 16 TINMANS GREEN of £190,000 on 20th March 2017. For the value to have increased from £190,000 to £274,683 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 16 TINMANS GREEN has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The March 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TINMANS GREEN has not materially changed since March 2017.

How Large is 16 TINMANS GREEN?

16 TINMANS GREEN is 80m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of semi-detached houses houses in Lower Redbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lower Redbrook, and where 16 TINMANS GREEN lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 TINMANS GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lower Redbrook.

16 TINMANS GREEN: Plot and Title Map

16 TINMANS GREEN sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 16 TINMANS GREEN, 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 16 TINMANS GREEN). 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 16 TINMANS GREEN?

16 TINMANS GREEN is located in REDBROOK, in the NP25 postcode district. The below map shows the position of No. 16 on TINMANS GREEN.