28, ROYAL EXCHANGE, NEWPORT, PO30 2HN - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 ROYAL EXCHANGE is a small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £220,000 in December 2020, which was around 40% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

28 ROYAL EXCHANGE Sold Prices

Land registry data shows two sales for 28 ROYAL EXCHANGE 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 28 ROYAL EXCHANGE 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
2020 17 DEC	£220,000	£368,126	40% below HPI
2014 28 NOV	£125,000	£270,780	54% below HPI

28 ROYAL EXCHANGE 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 28 ROYAL EXCHANGE sales from November 2014 and December 2020 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 November 2014 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 28 ROYAL EXCHANGE?

28 ROYAL EXCHANGE is 83m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 28 ROYAL EXCHANGE lies on this distribution: 30% of detached houses are smaller than 28 ROYAL EXCHANGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newport.

28 ROYAL EXCHANGE: Plot and Title Map

28 ROYAL EXCHANGE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 28 ROYAL EXCHANGE, 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 28 ROYAL EXCHANGE). 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 28 ROYAL EXCHANGE?

28 ROYAL EXCHANGE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 28 on ROYAL EXCHANGE.