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
40A SYLVAN DRIVE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £146,000 in December 2009, which was around 41% below the average December 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 40A SYLVAN DRIVE since 1st 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 40A SYLVAN DRIVE 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 |
---|---|---|---|
2009 22 DEC | £146,000 | £249,306 | 41% below HPI |
1999 10 AUG | £75,000 | £99,752 | 25% 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 two 40A SYLVAN DRIVE sales from August 1999 and December 2009 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 August 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2009 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
40A SYLVAN DRIVE is 61m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 40A SYLVAN DRIVE lies on this distribution: 5% of detached houses are smaller than 40A SYLVAN DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.
40A SYLVAN DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 40A SYLVAN DRIVE, 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 40A SYLVAN DRIVE). 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.
40A SYLVAN DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 40A on SYLVAN DRIVE.