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
18 NEWCOMEN ROAD is a very large detached house of 142m², built sometime between 1900 and 1929. It was last sold for £237,500 in June 2018, which was around 24% below the average June 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 18 NEWCOMEN ROAD since 1st 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 18 NEWCOMEN ROAD 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 |
---|---|---|---|
2018 25 JUN | £237,500 | £311,374 | 24% below HPI |
2007 4 DEC | £249,950 | £269,770 | 7% below HPI |
1998 26 JUN | £70,000 | £87,069 | 20% below HPI |
1995 28 APR | £30,000 | £67,855 | 56% 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 four 18 NEWCOMEN ROAD sales between April 1995 and June 2018 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 December 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
18 NEWCOMEN ROAD is 142m² according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 18 NEWCOMEN ROAD lies on this distribution: 85% of detached houses are smaller than 18 NEWCOMEN ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Sandown.
18 NEWCOMEN ROAD sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 18 NEWCOMEN ROAD, 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 18 NEWCOMEN ROAD). 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.
18 NEWCOMEN ROAD is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 18 on NEWCOMEN ROAD.