24, TERRACE ROAD, NEWPORT, PO30 1EE - £230,000

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

24 TERRACE ROAD is a midsized semi-detached house of 97m², built sometime between 1996 and 2002. It was last sold for £230,000 in May 2019, which was around 29% below the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

24 TERRACE ROAD Sold Prices

Land registry data shows six sales for 24 TERRACE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the six 24 TERRACE 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
2019 24 MAY	£230,000	£322,742	29% below HPI
2014 12 SEP	£150,000	£265,971	44% below HPI
2009 30 MAR	£165,000	£224,998	27% below HPI
2006 13 DEC	£250,000	£253,266	1% below HPI
2006 31 JAN	£183,000	£237,368	23% below HPI
1996 19 DEC	£65,000	£71,212	9% below HPI

24 TERRACE 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 six 24 TERRACE ROAD sales between December 1996 and May 2019 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 September 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 24 TERRACE ROAD?

24 TERRACE ROAD is 97m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 24 TERRACE ROAD lies on this distribution: 50% of detached houses are smaller than 24 TERRACE ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Newport.

24 TERRACE ROAD: Plot and Title Map

24 TERRACE ROAD sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 24 TERRACE 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 24 TERRACE 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 24 TERRACE ROAD?

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