1, ALVINGTON CLOSE, NEWPORT, PO30 5AS - £357,000

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.

1 ALVINGTON CLOSE is a midsized detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £403,216. It was last sold for £357,000 in December 2020, which was around 1% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

1 ALVINGTON CLOSE Sold Prices

Land registry data shows two sales for 1 ALVINGTON CLOSE 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. One of the two 1 ALVINGTON CLOSE sales was for below the average price, whilst the other was 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
2020 21 DEC	£357,000	£360,453	1% below HPI
2000 14 FEB	£135,000	£108,725	24% above HPI

1 ALVINGTON CLOSE 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 ALVINGTON CLOSE sales from February 2000 and December 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 February 2000 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 ALVINGTON CLOSE be worth now?

1 ALVINGTON CLOSE might now be worth an estimated £403,216.

This is based on house price inflation of 12.9%, between December 2020 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 1 ALVINGTON CLOSE of £357,000 on 21st December 2020. For the value to have increased from £357,000 to £403,216 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 ALVINGTON CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2020 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALVINGTON CLOSE has not materially changed since December 2020.

How Large is 1 ALVINGTON CLOSE?

1 ALVINGTON CLOSE is 103m² according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 1 ALVINGTON CLOSE lies on this distribution: 59% of detached houses houses are smaller than 1 ALVINGTON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 ALVINGTON CLOSE: Plot and Title Map

1 ALVINGTON CLOSE sits on a plot of roughly 0.269 of an acre, or 1,089m². The below map shows the location of 1 ALVINGTON CLOSE, 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 ALVINGTON CLOSE). 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 ALVINGTON CLOSE?

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