2, HORNBEAM CLOSE, NEWPORT, PO30 5FD - £264,000

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

2 HORNBEAM CLOSE is a large detached house of 117m², built sometime between 1991 and 1995. It was last sold for £264,000 in October 2018, which was around 17% below the average October 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

2 HORNBEAM CLOSE Sold Prices

Land registry data shows four sales for 2 HORNBEAM CLOSE since 1^st 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 2 HORNBEAM CLOSE 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 26 OCT	£264,000	£318,164	17% below HPI
2010 14 MAY	£212,000	£255,954	17% below HPI
2004 28 MAY	£192,500	£215,732	11% below HPI
2000 16 JUN	£100,000	£121,115	17% below HPI

2 HORNBEAM CLOSE Price Paid vs. HPI Average

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 2 HORNBEAM CLOSE sales between June 2000 and October 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 May 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2018 sale, which was also at 17% below the HPI.

How Large is 2 HORNBEAM CLOSE?

2 HORNBEAM CLOSE is 117m² according to the EPC inspection conducted in January 2010. This puts it in the largest 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 2 HORNBEAM CLOSE lies on this distribution: 70% of detached houses are smaller than 2 HORNBEAM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 HORNBEAM CLOSE: Plot and Title Map

2 HORNBEAM CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 2 HORNBEAM CLOSE, 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 2 HORNBEAM CLOSE). 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.

Where is 2 HORNBEAM CLOSE?

2 HORNBEAM CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 2 on HORNBEAM CLOSE.