2, MULBERRY CLOSE, NEWPORT, PO30 5EY - £360,000

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

2 MULBERRY CLOSE is a large detached house of 127m², built sometime between 2003 and 2006. It was last sold for £360,000 in December 2020, which was around 2% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

2 MULBERRY CLOSE Sold Prices

Land registry data shows three sales for 2 MULBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The three 2 MULBERRY CLOSE sales were a mix of below the average price, roughly equal to the average price, and above 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 15 DEC	£360,000	£368,126	2% below HPI
2012 16 MAR	£245,000	£246,156	Close to HPI
2006 3 JUL	£303,995	£247,337	23% above HPI

2 MULBERRY 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 three 2 MULBERRY CLOSE sales between July 2006 and December 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 March 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 MULBERRY CLOSE?

2 MULBERRY CLOSE is 127m² according to the EPC inspection conducted in January 2012. 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 MULBERRY CLOSE lies on this distribution: 78% of detached houses are smaller than 2 MULBERRY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 MULBERRY CLOSE: Plot and Title Map

2 MULBERRY CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 MULBERRY 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 MULBERRY 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 MULBERRY CLOSE?

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