1, ALBANY ROAD, NEWPORT, PO30 5JE - £219,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ALBANY ROAD is a small detached house of 80m², built sometime between 1930 and 1949. It was last sold for £219,000 in June 2020, which was around 34% below the average June 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

1 ALBANY ROAD Sold Prices

Land registry data shows two sales for 1 ALBANY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 1 ALBANY ROAD 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
2020 17 JUN	£219,000	£334,146	34% below HPI
2012 29 AUG	£115,000	£257,714	55% below HPI

1 ALBANY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 1 ALBANY ROAD sales from August 2012 and June 2020 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 August 2012 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 ALBANY ROAD?

1 ALBANY ROAD is 80m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 1 ALBANY ROAD lies on this distribution: 26% of detached houses are smaller than 1 ALBANY ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 ALBANY ROAD: Plot and Title Map

1 ALBANY ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 ALBANY ROAD, 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 1 ALBANY ROAD). 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 1 ALBANY ROAD?

1 ALBANY ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 1 on ALBANY ROAD.