1, THE GREEN, SHORWELL, NEWPORT, PO30 3LS - £235,000

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 THE GREEN is a very small extended semi-detached house of 42m², built sometime before 1900. It was last sold for £235,000 in December 2011, which was around 7% below the average December 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

1 THE GREEN Sold Prices

Land registry data shows three sales for 1 THE GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 1 THE GREEN 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
2011 9 DEC	£235,000	£253,640	7% below HPI
2008 18 NOV	£195,000	£251,567	22% below HPI
2008 18 AUG	£180,000	£259,165	31% below HPI

1 THE GREEN 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 three 1 THE GREEN sales between August 2008 and December 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 November 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 THE GREEN?

1 THE GREEN is 42m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where 1 THE GREEN lies on this distribution: Less than 1% of detached houses are smaller than 1 THE GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

1 THE GREEN: Plot and Title Map

1 THE GREEN sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 1 THE GREEN, 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 THE GREEN). 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 THE GREEN?

1 THE GREEN is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 1 on THE GREEN.