31, WATERGATE ROAD, NEWPORT, PO30 1XP - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 WATERGATE ROAD is a large detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £402,253. It was last sold for £270,000 in July 2015, which was about the average July 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

31 WATERGATE ROAD Sold Prices

Land registry data shows two sales for 31 WATERGATE ROAD 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. One of the two 31 WATERGATE ROAD sales was roughly equal to the average price, whilst the other was 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
2015 31 JUL	£270,000	£269,208	Close to HPI
2002 7 JAN	£152,000	£145,540	4% above HPI

31 WATERGATE 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 two 31 WATERGATE ROAD sales from January 2002 and July 2015 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 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 31 WATERGATE ROAD be worth now?

31 WATERGATE ROAD might now be worth an estimated £402,253.

This is based on house price inflation of 49%, between July 2015 and December 2024, for 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 49% inflationary increase is applied to the most recent sale price for 31 WATERGATE ROAD of £270,000 on 31st July 2015. For the value to have increased from £270,000 to £402,253 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 31 WATERGATE ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WATERGATE ROAD has not materially changed since July 2015.

How Large is 31 WATERGATE ROAD?

31 WATERGATE ROAD is 121m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 31 WATERGATE ROAD lies on this distribution: 73% of detached houses houses are smaller than 31 WATERGATE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Newport.

31 WATERGATE ROAD: Plot and Title Map

31 WATERGATE ROAD sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 31 WATERGATE 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 31 WATERGATE 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 31 WATERGATE ROAD?

31 WATERGATE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 31 on WATERGATE ROAD.