27, PAN LANE, NEWPORT, PO30 2BP - £223,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

27 PAN LANE is a small semi-detached house of 77m², built sometime between 1976 and 1982. It was last sold for £223,000 in July 2023, which was around 47% below the average July 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

27 PAN LANE Sold Prices

Land registry data shows two sales for 27 PAN 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 27 PAN 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
2023 14 JUL	£223,000	£419,943	47% below HPI
2006 6 JAN	£140,000	£237,368	41% below HPI

27 PAN 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 27 PAN LANE sales from January 2006 and July 2023 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 January 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 27 PAN LANE?

27 PAN LANE is 77m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 27 PAN LANE lies on this distribution: 23% of detached houses are smaller than 27 PAN LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Newport.

27 PAN LANE: Plot and Title Map

27 PAN LANE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 27 PAN 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 27 PAN 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 27 PAN LANE?

27 PAN LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 27 on PAN LANE.