36, LONG LANE, NEWPORT, PO30 2NH - £331,000

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

36 LONG LANE is a midsized extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £331,000 in May 2023, which was around 23% below the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

36 LONG LANE Sold Prices

Land registry data shows four sales for 36 LONG LANE since 1^st 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. two of the four 36 LONG LANE sales were for below the average price, and four 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 23 MAY	£331,000	£428,324	23% below HPI
2018 28 SEP	£268,000	£318,215	16% below HPI
1998 3 JUL	£92,000	£88,381	4% above HPI
1997 4 MAR	£76,000	£72,503	5% above HPI

36 LONG LANE 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 four 36 LONG LANE sales between March 1997 and May 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 September 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 36 LONG LANE?

36 LONG LANE is 94m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 36 LONG LANE lies on this distribution: 47% of detached houses are smaller than 36 LONG LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Newport.

36 LONG LANE: Plot and Title Map

36 LONG LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 36 LONG LANE, 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 36 LONG LANE). 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 36 LONG LANE?

36 LONG LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 36 on LONG LANE.