22, WESTMILL ROAD, NEWPORT, PO30 5RG - £250,000

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

22 WESTMILL ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £250,000 in January 2021, which was around 32% below the average January 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

22 WESTMILL ROAD Sold Prices

Land registry data shows three sales for 22 WESTMILL ROAD 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 22 WESTMILL ROAD 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
2021 25 JAN	£250,000	£366,659	32% below HPI
2012 12 JAN	£161,500	£250,252	35% below HPI
2010 20 DEC	£160,000	£255,396	37% below HPI

22 WESTMILL ROAD 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 22 WESTMILL ROAD sales between December 2010 and January 2021 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 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 22 WESTMILL ROAD?

22 WESTMILL ROAD is 65m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 22 WESTMILL ROAD lies on this distribution: 7% of detached houses are smaller than 22 WESTMILL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

22 WESTMILL ROAD: Plot and Title Map

22 WESTMILL ROAD sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 22 WESTMILL ROAD, 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 22 WESTMILL ROAD). 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 22 WESTMILL ROAD?

22 WESTMILL ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 22 on WESTMILL ROAD.