113, WHITEPIT LANE, NEWPORT, PO30 1NH - £220,000

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

113 WHITEPIT LANE is a very large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £220,000 in November 2020, which was around 39% below the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

113 WHITEPIT LANE Sold Prices

Land registry data shows three sales for 113 WHITEPIT LANE 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 113 WHITEPIT LANE 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 27 NOV	£220,000	£361,414	39% below HPI
2007 23 MAY	£175,000	£259,555	33% below HPI
1997 29 AUG	£56,000	£79,983	30% below HPI

113 WHITEPIT LANE 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 113 WHITEPIT LANE sales between August 1997 and November 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 May 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 113 WHITEPIT LANE?

113 WHITEPIT LANE is 137m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 113 WHITEPIT LANE lies on this distribution: 83% of detached houses are smaller than 113 WHITEPIT LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Newport.

113 WHITEPIT LANE: Plot and Title Map

113 WHITEPIT LANE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 113 WHITEPIT LANE, 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 113 WHITEPIT LANE). 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 113 WHITEPIT LANE?

113 WHITEPIT LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 113 on WHITEPIT LANE.