12, WHITEPIT LANE, NEWPORT, PO30 1LX - £290,000

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

12 WHITEPIT LANE is a midsized extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £290,000 in March 2022, which was around 29% below the average March 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

12 WHITEPIT LANE Sold Prices

Land registry data shows four sales for 12 WHITEPIT LANE 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 12 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
2022 23 MAR	£290,000	£407,446	29% below HPI
2006 14 JUL	£165,500	£247,337	33% below HPI
2000 2 JUN	£92,500	£121,115	24% below HPI
1996 14 JUN	£57,000	£69,114	18% below HPI

12 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 four 12 WHITEPIT LANE sales between June 1996 and March 2022 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 July 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 WHITEPIT LANE?

12 WHITEPIT LANE is 94m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 12 WHITEPIT LANE lies on this distribution: 47% of detached houses are smaller than 12 WHITEPIT LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Newport.

12 WHITEPIT LANE: Plot and Title Map

12 WHITEPIT LANE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 12 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 12 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 12 WHITEPIT LANE?

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