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 ROYAL EXCHANGE is a midsized extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £267,400 in July 2023, which was around 36% below the average July 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 C.
Land registry data shows three sales for 65 ROYAL EXCHANGE since 1st 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. All of the three 65 ROYAL EXCHANGE 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 7 JUL | £267,400 | £419,943 | 36% below HPI |
2010 17 DEC | £180,000 | £255,396 | 30% below HPI |
2009 7 AUG | £155,000 | £235,539 | 34% 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 three 65 ROYAL EXCHANGE sales between August 2009 and July 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 December 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
65 ROYAL EXCHANGE is 101m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 ROYAL EXCHANGE lies on this distribution: 56% of detached houses are smaller than 65 ROYAL EXCHANGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Newport.
65 ROYAL EXCHANGE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 65 ROYAL EXCHANGE, 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 ROYAL EXCHANGE). 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.
65 ROYAL EXCHANGE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 65 on ROYAL EXCHANGE.