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
25A FOREST ROAD is a large detached house of 110m². It was last sold for £230,000 in December 2011, which was around 9% below the average December 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 25A FOREST ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 25A FOREST 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 |
---|---|---|---|
2011 2 DEC | £230,000 | £253,640 | 9% below HPI |
2009 28 OCT | £227,500 | £245,437 | 7% below HPI |
2007 13 SEP | £150,000 | £270,242 | 44% below HPI |
1997 7 MAR | £34,000 | £72,503 | 53% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 25A FOREST ROAD sales between March 1997 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 October 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
25A FOREST ROAD is 110m² according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 25A FOREST ROAD lies on this distribution: 66% of detached houses are smaller than 25A FOREST ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Newport.
25A FOREST ROAD sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 25A FOREST 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 25A FOREST 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.
25A FOREST ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 25A on FOREST ROAD.