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
122 MEDINA AVENUE is a small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £297,000 in March 2021, which was around 18% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 122 MEDINA AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 122 MEDINA AVENUE 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 |
---|---|---|---|
2021 26 MAR | £297,000 | £364,254 | 18% below HPI |
2013 7 AUG | £168,000 | £255,361 | 34% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 122 MEDINA AVENUE sales from August 2013 and March 2021 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 August 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
122 MEDINA AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 122 MEDINA AVENUE lies on this distribution: 21% of detached houses are smaller than 122 MEDINA AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Newport.
122 MEDINA AVENUE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 122 MEDINA AVENUE, 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 122 MEDINA AVENUE). 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.
122 MEDINA AVENUE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 122 on MEDINA AVENUE.