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
124 MEDINA AVENUE is a midsized extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £270,000 in July 2019, which was around 16% below the average July 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 124 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 124 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 |
---|---|---|---|
2019 5 JUL | £270,000 | £320,079 | 16% below HPI |
2011 31 MAY | £210,000 | £249,829 | 16% 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 124 MEDINA AVENUE sales from May 2011 and July 2019 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2019 sale, which was also at 16% below the HPI.
124 MEDINA AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 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 124 MEDINA AVENUE lies on this distribution: 51% of detached houses are smaller than 124 MEDINA AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Newport.
124 MEDINA AVENUE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 124 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 124 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.
124 MEDINA AVENUE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 124 on MEDINA AVENUE.