65, CROSS LANE, NEWPORT, PO30 2JR - £165,000

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

65 CROSS LANE is a small semi-detached house of 77m², built sometime between 1930 and 1949. It was last sold for £165,000 in March 2016, which was around 43% below the average March 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

65 CROSS LANE Sold Prices

Land registry data shows two sales for 65 CROSS LANE 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 65 CROSS LANE 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
2016 31 MAR	£165,000	£289,611	43% below HPI
2004 21 DEC	£147,500	£240,051	39% below HPI

65 CROSS LANE 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 65 CROSS LANE sales from December 2004 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 December 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 65 CROSS LANE?

65 CROSS LANE is 77m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 65 CROSS LANE lies on this distribution: 24% of detached houses are smaller than 65 CROSS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newport.

65 CROSS LANE: Plot and Title Map

65 CROSS LANE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 65 CROSS LANE, 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 65 CROSS LANE). 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 65 CROSS LANE?

65 CROSS LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 65 on CROSS LANE.