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 SILVER BIRCH DRIVE is a very large detached house of 149m², built sometime from 2007 onwards. It was last sold for £355,000 in March 2020, which was around 7% above the average March 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 SILVER BIRCH DRIVE since 1st 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. All of the three 2 SILVER BIRCH DRIVE sales were for 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 30 MAR | £355,000 | £332,519 | 7% above HPI |
2012 5 APR | £265,000 | £247,199 | 7% above HPI |
2002 28 JUN | £210,950 | £162,028 | 30% above 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 three 2 SILVER BIRCH DRIVE sales between June 2002 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 April 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, which was also at 7% above the HPI.
2 SILVER BIRCH DRIVE is 149m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% 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 SILVER BIRCH DRIVE lies on this distribution: 88% of detached houses are smaller than 2 SILVER BIRCH DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Newport.
2 SILVER BIRCH DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 2 SILVER BIRCH DRIVE, 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 SILVER BIRCH DRIVE). 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.
2 SILVER BIRCH DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 2 on SILVER BIRCH DRIVE.