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
3 SILVER BIRCH DRIVE is a very large detached house of 185m², built sometime between 1976 and 1982. It was last sold for £420,000 in January 2023, which was around 4% below the average January 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 SILVER BIRCH DRIVE 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. Most of the four 3 SILVER BIRCH DRIVE sales were for above 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 9 JAN | £420,000 | £437,223 | 4% below HPI |
2015 3 JUL | £315,000 | £274,939 | 15% above HPI |
2007 29 JUN | £310,000 | £259,835 | 19% above HPI |
2002 28 JUN | £175,950 | £162,028 | 9% above 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 3 SILVER BIRCH DRIVE sales between June 2002 and January 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 July 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
3 SILVER BIRCH DRIVE is 185m² according to the EPC inspection conducted in March 2022. This puts it in the largest 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 3 SILVER BIRCH DRIVE lies on this distribution: 94% of detached houses are smaller than 3 SILVER BIRCH DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newport.
3 SILVER BIRCH DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 SILVER BIRCH DRIVE, 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 3 SILVER BIRCH DRIVE). 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.
3 SILVER BIRCH DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 3 on SILVER BIRCH DRIVE.