24, ASH LANE, NEWPORT, PO30 5LT - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 ASH LANE is a small detached house of 84m², built in 2020, which could now be worth an estimated £260,673. It was last sold for £230,000 in November 2020, which was around 35% below the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

24 ASH LANE Sold Prices

Land registry data shows two sales for 24 ASH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 24 ASH 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
2020 6 NOV	£230,000	£353,880	35% below HPI
1996 26 FEB	£52,000	£70,148	26% below HPI

24 ASH 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 two 24 ASH LANE sales from February 1996 and November 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 February 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 24 ASH LANE be worth now?

24 ASH LANE might now be worth an estimated £260,673.

This is based on house price inflation of 13.3%, between November 2020 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 24 ASH LANE of £230,000 on 6th November 2020. For the value to have increased from £230,000 to £260,673 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 ASH LANE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ASH LANE has not materially changed since November 2020.

How Large is 24 ASH LANE?

24 ASH LANE is 84m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 24 ASH LANE lies on this distribution: 32% of detached houses houses are smaller than 24 ASH LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Newport.

24 ASH LANE: Plot and Title Map

24 ASH LANE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 24 ASH 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 24 ASH 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 24 ASH LANE?

24 ASH LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 24 on ASH LANE.