12, ROYAL EXCHANGE, NEWPORT, PO30 2HN - £83,950

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.

12 ROYAL EXCHANGE is a small extended semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £203,204. It was last sold for £83,950 in December 2002, which was around 29% below the average December 2002 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

12 ROYAL EXCHANGE Sold Prices

Land registry data shows three sales for 12 ROYAL EXCHANGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 12 ROYAL EXCHANGE 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
2002 13 DEC	£83,950	£117,813	29% below HPI
2000 3 NOV	£57,000	£83,118	31% below HPI
1995 26 MAY	£41,000	£44,761	8% below HPI

12 ROYAL EXCHANGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 12 ROYAL EXCHANGE sales between May 1995 and December 2002 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 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2002 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 ROYAL EXCHANGE be worth now?

12 ROYAL EXCHANGE might now be worth an estimated £203,204.

This is based on house price inflation of 142.1%, between December 2002 and February 2025, for semi-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 142.1% inflationary increase is applied to the most recent sale price for 12 ROYAL EXCHANGE of £83,950 on 13th December 2002. For the value to have increased from £83,950 to £203,204 over the 23 years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 ROYAL EXCHANGE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The December 2002 sale price of £83,950 represented a fair market value for the property.
• The size, condition, and specification of 12 ROYAL EXCHANGE has not materially changed since December 2002.

How Large is 12 ROYAL EXCHANGE?

12 ROYAL EXCHANGE is 78m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 12 ROYAL EXCHANGE lies on this distribution: 25% of semi-detached houses houses are smaller than 12 ROYAL EXCHANGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newport.

12 ROYAL EXCHANGE: Plot and Title Map

12 ROYAL EXCHANGE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 12 ROYAL EXCHANGE, 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 12 ROYAL EXCHANGE). 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 12 ROYAL EXCHANGE?

12 ROYAL EXCHANGE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 12 on ROYAL EXCHANGE.