21, PAN LANE, NEWPORT, PO30 2AS - £131,250

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 PAN LANE is a very small semi-detached house of 74m², built sometime between 1950 and 1966. It was last sold for £131,250 in December 2011, which was around 48% below the average December 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

21 PAN LANE Sold Prices

Land registry data shows three sales for 21 PAN LANE 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. All of the three 21 PAN LANE 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
2011 7 DEC	£131,250	£253,640	48% below HPI
2011 26 JAN	£135,000	£256,818	47% below HPI
2002 10 OCT	£79,950	£178,593	55% below HPI

21 PAN LANE 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 21 PAN LANE sales between October 2002 and December 2011 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 January 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2011 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 21 PAN LANE?

21 PAN LANE is 74m² according to the EPC inspection conducted in October 2010. 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 PAN LANE lies on this distribution: 20% of detached houses are smaller than 21 PAN LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newport.

21 PAN LANE: Plot and Title Map

21 PAN LANE sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of 21 PAN LANE, 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 PAN LANE). 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 PAN LANE?

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