Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 HORNBEAM CLOSE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £199,950 in March 2014, which was around 23% below the average March 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 1 HORNBEAM CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 1 HORNBEAM CLOSE 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 |
---|---|---|---|
2014 21 MAR | £199,950 | £260,541 | 23% below HPI |
2006 16 FEB | £190,000 | £235,678 | 19% below HPI |
2002 2 SEP | £136,500 | £175,887 | 22% below HPI |
1995 30 JUN | £59,500 | £67,965 | 12% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 1 HORNBEAM CLOSE sales between June 1995 and March 2014 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
1 HORNBEAM CLOSE is 84m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% 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 HORNBEAM CLOSE lies on this distribution: 33% of detached houses are smaller than 1 HORNBEAM CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Newport.
1 HORNBEAM CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 HORNBEAM 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 HORNBEAM 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.
1 HORNBEAM CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 1 on HORNBEAM CLOSE.