42, WELLESLEY WAY, NEWPORT, PO30 2GB - £212,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 WELLESLEY WAY is a midsized detached house of 96m², which could now be worth an estimated £259,880. It was last sold for £212,000 in June 2020, which was around 35% below the average June 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

42 WELLESLEY WAY Sold Prices

Land registry data shows two sales for 42 WELLESLEY WAY 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 42 WELLESLEY WAY 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
2020 17 JUN	£212,000	£327,180	35% below HPI
2016 29 JUN	£220,995	£280,672	21% below HPI

42 WELLESLEY WAY 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 42 WELLESLEY WAY sales from June 2016 and June 2020 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 June 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 42 WELLESLEY WAY be worth now?

42 WELLESLEY WAY might now be worth an estimated £259,880.

This is based on house price inflation of 22.6%, between June 2020 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 42 WELLESLEY WAY of £212,000 on 17th June 2020. For the value to have increased from £212,000 to £259,880 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 42 WELLESLEY WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2020 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 42 WELLESLEY WAY has not materially changed since June 2020.

How Large is 42 WELLESLEY WAY?

42 WELLESLEY WAY is 96m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 42 WELLESLEY WAY lies on this distribution: 49% of detached houses houses are smaller than 42 WELLESLEY WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Newport.

42 WELLESLEY WAY: Plot and Title Map

42 WELLESLEY WAY sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 42 WELLESLEY WAY, 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 42 WELLESLEY WAY). 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 42 WELLESLEY WAY?

42 WELLESLEY WAY is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 42 on WELLESLEY WAY.