4, WESTMILL ROAD, NEWPORT, PO30 5RE - £335,000

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 WESTMILL ROAD is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £335,000 in July 2022, which was around 21% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

4 WESTMILL ROAD Sold Prices

Land registry data shows two sales for 4 WESTMILL ROAD 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 WESTMILL 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
2022 1 JUL	£335,000	£424,658	21% below HPI
2002 18 JUL	£140,500	£167,707	16% below HPI

4 WESTMILL ROAD 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 WESTMILL ROAD sales from July 2002 and July 2022 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 July 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 WESTMILL ROAD?

4 WESTMILL ROAD is 88m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% 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 WESTMILL ROAD lies on this distribution: 38% of detached houses are smaller than 4 WESTMILL ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 WESTMILL ROAD: Plot and Title Map

4 WESTMILL ROAD sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 4 WESTMILL 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 4 WESTMILL 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.

Where is 4 WESTMILL ROAD?

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