The list price of £275,000 seems reasonable in the context of the local market. The average price for Gloucester Road is significantly lower at £251,667. However, the recent refurbishment, the inclusion of a garden office/studio and the property’s generally improved condition justify a price above the average. Nearby comparable properties range from a terraced house that is very similar to the listed property in price, to more substantial and expensive homes. The price reflects the property’s enhanced condition and features within the range of local comparable properties.

Based on the photos provided, the property appears to be in excellent condition. It has undergone recent refurbishment to a high standard, with modern fixtures, fittings and a stylish interior design. The kitchen and bathroom are particularly impressive. There is no visible evidence of significant repair or renovation needs.

The property is located on Gloucester Road in Tutshill, Chepstow, which benefits from its proximity to local amenities, schools, and transport links. The average house price on Gloucester Road itself is lower than some surrounding streets, suggesting it might be slightly less desirable, but the presence of good schools nearby increases its appeal to families. The proximity to Chepstow train station and other local amenities offsets the slightly lower average house prices in the immediate vicinity.

While the property does include a garden, it is of modest size. The garden appears well-maintained but lacks the substantial space often associated with higher land scores. The addition of a garden office/studio adds value, however this doesn’t equate to a large plot size.