Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
18 WILVER ROAD is a midsized extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £220,000 in March 2020, which was around 34% below the average March 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 18 WILVER ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 18 WILVER 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 |
---|---|---|---|
2020 6 MAR | £220,000 | £332,519 | 34% below HPI |
2006 27 JAN | £177,000 | £237,368 | 25% below HPI |
2004 26 FEB | £170,000 | £208,348 | 18% below HPI |
1999 30 APR | £73,000 | £96,363 | 24% below HPI |
1997 29 OCT | £65,500 | £82,804 | 21% 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 five 18 WILVER ROAD sales between October 1997 and March 2020 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
18 WILVER ROAD is 97m², which includes one extension, according to the EPC inspection conducted in December 2017. 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 18 WILVER ROAD lies on this distribution: 50% of detached houses are smaller than 18 WILVER ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Newport.
18 WILVER ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 18 WILVER 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 WILVER 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 WILVER ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 18 on WILVER ROAD.