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
38 NEWPORT ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £189,000 in July 2013, which was around 26% below the average July 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 38 NEWPORT ROAD since 1st 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 38 NEWPORT 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 |
---|---|---|---|
2013 24 JUL | £189,000 | £254,455 | 26% below HPI |
2003 28 MAR | £144,000 | £187,282 | 23% below HPI |
2001 12 JUL | £85,000 | £141,991 | 40% below HPI |
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 38 NEWPORT ROAD sales between July 2001 and July 2013 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 March 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
38 NEWPORT ROAD is 64m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 38 NEWPORT ROAD lies on this distribution: 16% of detached houses are smaller than 38 NEWPORT ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Sandown.
38 NEWPORT ROAD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 38 NEWPORT 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 38 NEWPORT 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.
38 NEWPORT ROAD is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 38 on NEWPORT ROAD.