5, ELM GROVE, NEWPORT, PO30 1RW - £175,000

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

5 ELM GROVE is a midsized extended detached house of 100m², built sometime before 1900. It was last sold for £175,000 in October 2015, which was around 39% below the average October 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

5 ELM GROVE Sold Prices

Land registry data shows two sales for 5 ELM GROVE 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 5 ELM GROVE 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
2015 9 OCT	£175,000	£286,326	39% below HPI
2002 29 MAY	£113,000	£158,527	29% below HPI

5 ELM GROVE 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 5 ELM GROVE sales from May 2002 and October 2015 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 May 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 ELM GROVE?

5 ELM GROVE is 100m², which includes one extension, according to the EPC inspection conducted in March 2009. 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 5 ELM GROVE lies on this distribution: 55% of detached houses are smaller than 5 ELM GROVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 ELM GROVE: Plot and Title Map

5 ELM GROVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 ELM GROVE, 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 5 ELM GROVE). 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 5 ELM GROVE?

5 ELM GROVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 5 on ELM GROVE.