32, LARK RISE, NEWPORT, PO30 5YJ - £320,000

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

32 LARK RISE is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £320,000 in March 2024, which was around 22% below the average March 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

32 LARK RISE Sold Prices

Land registry data shows two sales for 32 LARK RISE 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 32 LARK RISE sales was for below 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
2024 15 MAR	£320,000	£409,350	22% below HPI
1995 14 JUL	£72,000	£68,479	5% above HPI

32 LARK RISE 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 32 LARK RISE sales from July 1995 and March 2024 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 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 32 LARK RISE?

32 LARK RISE is 76m² according to the EPC inspection conducted in September 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 32 LARK RISE lies on this distribution: 22% of detached houses are smaller than 32 LARK RISE, and 77% of houses are larger. Note that EPC data is not available for all properties in Newport.

32 LARK RISE: Plot and Title Map

32 LARK RISE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 32 LARK RISE, 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 32 LARK RISE). 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 32 LARK RISE?

32 LARK RISE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 32 on LARK RISE.