38, LONG LANE, NEWPORT, PO30 2NH - £250,000

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

38 LONG LANE is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2006, which was around 2% above the average May 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

38 LONG LANE Sold Prices

Land registry data shows four sales for 38 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. Most of the four 38 LONG LANE 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
2006 26 MAY	£250,000	£246,285	2% above HPI
2001 22 JAN	£105,000	£134,031	22% below HPI
2000 29 MAR	£68,500	£112,759	39% below HPI
1996 1 OCT	£67,000	£71,010	6% below HPI

38 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 38 LONG LANE sales between October 1996 and May 2006 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 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2006 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 38 LONG LANE?

38 LONG LANE is 79m², which includes two extensions, according to the EPC inspection conducted in May 2016. 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 38 LONG LANE lies on this distribution: 26% of detached houses are smaller than 38 LONG LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newport.

38 LONG LANE: Plot and Title Map

38 LONG LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 38 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 38 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 38 LONG LANE?

38 LONG LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 38 on LONG LANE.