24, WESTMILL ROAD, NEWPORT, PO30 5RG - £181,000

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 WESTMILL ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £181,000 in August 2006, which was around 26% below the average August 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

24 WESTMILL ROAD Sold Prices

Land registry data shows two sales for 24 WESTMILL ROAD 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 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
2006 31 AUG	£181,000	£246,160	26% below HPI
2003 14 MAR	£127,000	£187,282	32% below HPI

24 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 two 24 WESTMILL ROAD sales from March 2003 and August 2006 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 March 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2006 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 24 WESTMILL ROAD?

24 WESTMILL ROAD is 65m² according to the EPC inspection conducted in September 2012. 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 24 WESTMILL ROAD lies on this distribution: 7% of detached houses are smaller than 24 WESTMILL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

24 WESTMILL ROAD: Plot and Title Map

24 WESTMILL ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 24 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 24 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 24 WESTMILL ROAD?

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