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
61 SYLVAN DRIVE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £315,000 in April 2023, which was around 26% below the average April 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 61 SYLVAN DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 61 SYLVAN DRIVE 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 |
---|---|---|---|
2023 25 APR | £315,000 | £426,854 | 26% below HPI |
2010 30 JUL | £207,000 | £253,202 | 18% below HPI |
2006 26 MAY | £210,000 | £246,285 | 15% below HPI |
2004 15 OCT | £204,950 | £237,637 | 14% below 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 four 61 SYLVAN DRIVE sales between October 2004 and April 2023 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 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
61 SYLVAN DRIVE is 88m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 61 SYLVAN DRIVE lies on this distribution: 38% of detached houses are smaller than 61 SYLVAN DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Newport.
61 SYLVAN DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 61 SYLVAN DRIVE, 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 61 SYLVAN DRIVE). 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.
61 SYLVAN DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 61 on SYLVAN DRIVE.