5, LUKELY GARDENS, NEWPORT, PO30 5AQ - £340,000

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

5 LUKELY GARDENS is a large detached house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £419,588. It was last sold for £340,000 in January 2020, which was around 5% above the average January 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

5 LUKELY GARDENS Sold Prices

Land registry data shows three sales for 5 LUKELY GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 5 LUKELY GARDENS sales were for above the average price, whilst one was 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 15 JAN	£340,000	£324,997	5% above HPI
2006 5 JUL	£263,500	£242,181	9% above HPI
2002 17 DEC	£175,000	£180,521	3% below HPI

5 LUKELY GARDENS 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 three 5 LUKELY GARDENS sales between December 2002 and January 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 July 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 LUKELY GARDENS be worth now?

5 LUKELY GARDENS might now be worth an estimated £419,588.

This is based on house price inflation of 23.4%, between January 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 23.4% inflationary increase is applied to the most recent sale price for 5 LUKELY GARDENS of £340,000 on 15th January 2020. For the value to have increased from £340,000 to £419,588 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 5 LUKELY GARDENS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LUKELY GARDENS has not materially changed since January 2020.

How Large is 5 LUKELY GARDENS?

5 LUKELY GARDENS is 114m² according to the EPC inspection conducted in April 2019. This puts it in the largest 40% 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 5 LUKELY GARDENS lies on this distribution: 67% of detached houses houses are smaller than 5 LUKELY GARDENS, and 33% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 LUKELY GARDENS: Plot and Title Map

5 LUKELY GARDENS sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 5 LUKELY GARDENS, 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 LUKELY GARDENS). 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 LUKELY GARDENS?

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