3, WESTMILL ROAD, NEWPORT, PO30 5RE - £265,000

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

3 WESTMILL ROAD is a midsized extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £265,000 in July 2017, which was around 12% below the average July 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

3 WESTMILL ROAD Sold Prices

Land registry data shows three sales for 3 WESTMILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 3 WESTMILL 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
2017 27 JUL	£265,000	£301,332	12% below HPI
2006 20 DEC	£218,000	£253,266	14% below HPI
2001 30 NOV	£142,000	£146,015	3% below HPI

3 WESTMILL ROAD 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 three 3 WESTMILL ROAD sales between November 2001 and July 2017 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 December 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 WESTMILL ROAD?

3 WESTMILL ROAD is 98m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% 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 WESTMILL ROAD lies on this distribution: 51% of detached houses are smaller than 3 WESTMILL ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 WESTMILL ROAD: Plot and Title Map

3 WESTMILL ROAD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 3 WESTMILL 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 3 WESTMILL 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.

Where is 3 WESTMILL ROAD?

3 WESTMILL ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 3 on WESTMILL ROAD.