4, LARK RISE, NEWPORT, PO30 5YJ - £278,000

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

4 LARK RISE is a midsized detached house of 101m², built sometime between 1991 and 1995. It was last sold for £278,000 in September 2019, which was around 14% below the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

4 LARK RISE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 LARK RISE 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
2019 17 SEP	£278,000	£324,960	14% below HPI
2003 21 OCT	£165,000	£198,359	17% below HPI

4 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 4 LARK RISE sales from October 2003 and September 2019 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 October 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 LARK RISE?

4 LARK RISE is 101m² according to the EPC inspection conducted in June 2019. This puts it in the largest 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 4 LARK RISE lies on this distribution: 56% of detached houses are smaller than 4 LARK RISE, and 42% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 LARK RISE: Plot and Title Map

4 LARK RISE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 4 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 4 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 4 LARK RISE?

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