6, REDWOOD CLOSE, NEWPORT, PO30 5RT - £245,000

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

6 REDWOOD CLOSE is a large detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £403,227. It was last sold for £245,000 in October 2011, which was around 1% above the average October 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

6 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 6 REDWOOD CLOSE 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. One of the two 6 REDWOOD CLOSE sales was for above the average price, whilst the other 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
2011 21 OCT	£245,000	£243,691	1% above HPI
2001 12 NOV	£139,950	£142,971	2% below HPI

6 REDWOOD CLOSE 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 6 REDWOOD CLOSE sales from November 2001 and October 2011 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 November 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2011 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 6 REDWOOD CLOSE be worth now?

6 REDWOOD CLOSE might now be worth an estimated £403,227.

This is based on house price inflation of 64.6%, between October 2011 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 64.6% inflationary increase is applied to the most recent sale price for 6 REDWOOD CLOSE of £245,000 on 21st October 2011. For the value to have increased from £245,000 to £403,227 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 6 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 6 REDWOOD CLOSE has not materially changed since October 2011.

How Large is 6 REDWOOD CLOSE?

6 REDWOOD CLOSE is 109m² according to the EPC inspection conducted in June 2011. 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 6 REDWOOD CLOSE lies on this distribution: 64% of detached houses houses are smaller than 6 REDWOOD CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newport.

6 REDWOOD CLOSE: Plot and Title Map

6 REDWOOD CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 6 REDWOOD CLOSE, 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 6 REDWOOD CLOSE). 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 6 REDWOOD CLOSE?

6 REDWOOD CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 6 on REDWOOD CLOSE.