CHERRY TREE, 33A, WYEBANK WAY, TUTSHILL, CHEPSTOW, NP16 7DN - £309,950

CHERRY TREE is a very large detached house of 115m². It was last sold for £309,950 in November 2018, which was around 2% below the average November 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

CHERRY TREE Sold Prices

Land registry data shows two sales for CHERRY TREE 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. Both of the two CHERRY TREE 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
2018 5 NOV	£309,950	£314,849	2% below HPI
2016 17 NOV	£90,000	£274,519	67% below HPI

CHERRY TREE 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 CHERRY TREE sales from November 2016 and November 2018 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 November 2016 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the November 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is CHERRY TREE?

CHERRY TREE is 115m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Sedbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sedbury, and where CHERRY TREE lies on this distribution: 81% of detached houses are smaller than CHERRY TREE, and 18% of houses are larger. Note that EPC data is not available for all properties in Sedbury.

CHERRY TREE: Plot and Title Map

CHERRY TREE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of CHERRY TREE, 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 CHERRY TREE). 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 CHERRY TREE?

CHERRY TREE is located on WYEBANK WAY in TUTSHILL, in the NP16 postcode district. The below map shows the position of CHERRY TREE on WYEBANK WAY.