21, MILNE WAY, NEWPORT, PO30 1YF - £230,000

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

21 MILNE WAY is a small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £230,000 in August 2017, which was around 24% below the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

21 MILNE WAY Sold Prices

Land registry data shows four sales for 21 MILNE WAY 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 21 MILNE WAY 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
2017 18 AUG	£230,000	£303,260	24% below HPI
2000 24 JUL	£95,000	£123,462	23% below HPI
1999 6 JUL	£74,500	£98,055	24% below HPI
1998 9 APR	£66,500	£84,592	21% below HPI

21 MILNE WAY 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 21 MILNE WAY sales between April 1998 and August 2017 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 July 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 21 MILNE WAY?

21 MILNE WAY is 74m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 21 MILNE WAY lies on this distribution: 20% of detached houses are smaller than 21 MILNE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Newport.

21 MILNE WAY: Plot and Title Map

21 MILNE WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 21 MILNE WAY, 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 21 MILNE WAY). 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 21 MILNE WAY?

21 MILNE WAY is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 21 on MILNE WAY.