1, WHEATEAR CLOSE, NEWPORT, PO30 5XR - £240,000

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 WHEATEAR CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £240,000 in March 2020, which was around 28% below the average March 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1 WHEATEAR CLOSE Sold Prices

Land registry data shows four sales for 1 WHEATEAR CLOSE since 1^st 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 WHEATEAR 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
2020 5 MAR	£240,000	£332,519	28% below HPI
1999 17 DEC	£94,950	£108,185	12% below HPI
1999 23 JUL	£87,000	£98,055	11% below HPI
1997 8 APR	£72,000	£74,389	3% below HPI

1 WHEATEAR 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 four 1 WHEATEAR CLOSE sales between April 1997 and March 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 December 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 WHEATEAR CLOSE?

1 WHEATEAR CLOSE is 67m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 WHEATEAR CLOSE lies on this distribution: 9% of detached houses are smaller than 1 WHEATEAR CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 WHEATEAR CLOSE: Plot and Title Map

1 WHEATEAR CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 1 WHEATEAR 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 WHEATEAR 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 WHEATEAR CLOSE?

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