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
5 WATERGATE ROAD is a very large extended detached house of 260m², built sometime before 1900. It was last sold for £525,000 in March 2016, which was around 81% above the average March 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 WATERGATE ROAD 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 5 WATERGATE ROAD sales were for above 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 |
---|---|---|---|
2016 29 MAR | £525,000 | £289,611 | 81% above HPI |
2009 10 FEB | £375,000 | £232,928 | 61% above 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 5 WATERGATE ROAD sales from February 2009 and March 2016 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 February 2009 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2016 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.
5 WATERGATE ROAD is 260m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 5 WATERGATE ROAD lies on this distribution: 99% of detached houses are smaller than 5 WATERGATE ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Newport.
5 WATERGATE ROAD sits on a plot of roughly 0.334 of an acre, or 1,353m². The below map shows the location of 5 WATERGATE 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 5 WATERGATE 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.
5 WATERGATE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 5 on WATERGATE ROAD.