12, SCHOOL LANE, CARISBROOKE, NEWPORT, PO30 5JX - £138,500

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 SCHOOL LANE is a very small semi-detached house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £193,695. It was last sold for £138,500 in August 2017, which was around 32% below the average August 2017 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

12 SCHOOL LANE Sold Prices

Land registry data shows two sales for 12 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 12 SCHOOL 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
2017 29 AUG	£138,500	£203,085	32% below HPI
2010 8 JAN	£120,000	£171,159	30% below HPI

12 SCHOOL LANE 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 two 12 SCHOOL LANE sales from January 2010 and August 2017 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 January 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 SCHOOL LANE be worth now?

12 SCHOOL LANE might now be worth an estimated £193,695.

This is based on house price inflation of 39.9%, between August 2017 and March 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 39.9% inflationary increase is applied to the most recent sale price for 12 SCHOOL LANE of £138,500 on 29th August 2017. For the value to have increased from £138,500 to £193,695 over the eight years and five months to March 2025, the following assumptions must hold true:

• The value of 12 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The August 2017 sale price of £138,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SCHOOL LANE has not materially changed since August 2017.

How Large is 12 SCHOOL LANE?

12 SCHOOL LANE is 66m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 SCHOOL LANE lies on this distribution: 7% of semi-detached houses houses are smaller than 12 SCHOOL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newport.

12 SCHOOL LANE: Plot and Title Map

12 SCHOOL LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 SCHOOL 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 12 SCHOOL 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 12 SCHOOL LANE?

12 SCHOOL LANE is located in CARISBROOKE, in the PO30 postcode district. The below map shows the position of No. 12 on SCHOOL LANE.