26, SCHOOL LANE, CARISBROOKE, NEWPORT, PO30 5JX - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 SCHOOL LANE is a very small semi-detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £223,790. It was last sold for £220,000 in May 2022, which was around 22% below the average May 2022 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

26 SCHOOL LANE Sold Prices

Land registry data shows four sales for 26 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 26 SCHOOL 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
2022 5 MAY	£220,000	£280,341	22% below HPI
2010 20 AUG	£139,000	£173,374	20% below HPI
2009 6 NOV	£138,000	£171,400	19% below HPI
2002 25 OCT	£86,500	£113,593	24% below HPI

26 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 26 SCHOOL LANE sales between October 2002 and May 2022 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 August 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 26 SCHOOL LANE be worth now?

26 SCHOOL LANE might now be worth an estimated £223,790.

This is based on house price inflation of 1.7%, between May 2022 and February 2025, for semi-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 1.7% inflationary increase is applied to the most recent sale price for 26 SCHOOL LANE of £220,000 on 5th May 2022. For the value to have increased from £220,000 to £223,790 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 26 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 26 SCHOOL LANE has not materially changed since May 2022.

How Large is 26 SCHOOL LANE?

26 SCHOOL LANE is 65m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 26 SCHOOL LANE lies on this distribution: 7% of semi-detached houses houses are smaller than 26 SCHOOL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

26 SCHOOL LANE: Plot and Title Map

26 SCHOOL LANE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 26 SCHOOL 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 26 SCHOOL 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 26 SCHOOL LANE?

26 SCHOOL LANE is located in CARISBROOKE, in the PO30 postcode district. The below map shows the position of No. 26 on SCHOOL LANE.