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
1B WHITESMITH ROAD is a small semi-detached house of 82m², built sometime between 1991 and 1995. It was last sold for £180,000 in July 2014, which was around 33% below the average July 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1B WHITESMITH 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 1B WHITESMITH 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 |
---|---|---|---|
2014 28 JUL | £180,000 | £267,928 | 33% below HPI |
2006 10 FEB | £173,000 | £235,678 | 27% below HPI |
1999 4 JAN | £68,000 | £93,730 | 27% below HPI |
1998 28 OCT | £69,500 | £92,955 | 25% 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 1B WHITESMITH ROAD sales between October 1998 and July 2014 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 February 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
1B WHITESMITH ROAD is 82m² according to the EPC inspection conducted in May 2013. 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 1B WHITESMITH ROAD lies on this distribution: 29% of detached houses are smaller than 1B WHITESMITH ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Newport.
1B WHITESMITH ROAD sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 1B WHITESMITH 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 1B WHITESMITH 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.
1B WHITESMITH ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 1B on WHITESMITH ROAD.