FAR VIEW, SEDBURY LANE, TUTSHILL, CHEPSTOW, NP16 7DU - £310,000

FAR VIEW is a small extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £310,000 in September 2011, which was around 32% above the average September 2011 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

FAR VIEW Sold Prices

Land registry data shows four sales for FAR VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the four FAR VIEW 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
2011 16 SEP	£310,000	£234,621	32% above HPI
2010 16 APR	£265,000	£235,157	13% above HPI
2007 13 JUN	£235,000	£253,806	7% below HPI
2002 25 OCT	£171,000	£158,089	8% above HPI

FAR VIEW 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 four FAR VIEW sales between October 2002 and September 2011 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 April 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is FAR VIEW?

FAR VIEW is 122m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Tutshill, based on EPC data. The below chart shows the distribution of detached houses by size in Tutshill, and where FAR VIEW lies on this distribution: 36% of detached houses are smaller than FAR VIEW, and 64% of houses are larger. Note that EPC data is not available for all properties in Tutshill.

FAR VIEW: Plot and Title Map

FAR VIEW sits on a plot of roughly 0.215 of an acre, or 870m². The below map shows the location of FAR VIEW, 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 FAR VIEW). 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 FAR VIEW?

FAR VIEW is located on SEDBURY LANE in TUTSHILL, in the NP16 postcode district. The below map shows the position of FAR VIEW on SEDBURY LANE.