4, CHATFIELD LODGE, NEWPORT, PO30 1XR - £270,000

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

4 CHATFIELD LODGE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £270,000 in May 2023, which was around 37% below the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

4 CHATFIELD LODGE Sold Prices

Land registry data shows three sales for 4 CHATFIELD LODGE since 1^st 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 4 CHATFIELD LODGE 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
2023 25 MAY	£270,000	£428,324	37% below HPI
2011 2 SEP	£210,000	£246,994	15% below HPI
2004 22 OCT	£145,000	£237,637	39% below HPI

4 CHATFIELD LODGE 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 three 4 CHATFIELD LODGE sales between October 2004 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 CHATFIELD LODGE?

4 CHATFIELD LODGE is 68m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 4 CHATFIELD LODGE lies on this distribution: 10% of detached houses are smaller than 4 CHATFIELD LODGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 CHATFIELD LODGE: Plot and Title Map

4 CHATFIELD LODGE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 4 CHATFIELD LODGE, 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 4 CHATFIELD LODGE). 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 4 CHATFIELD LODGE?

4 CHATFIELD LODGE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 4 on CHATFIELD LODGE.