7, FOREST ROAD, NEWPORT, PO30 5HX - £242,000

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

7 FOREST ROAD is a large extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £242,000 in November 2008, which was around 4% below the average November 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

7 FOREST ROAD Sold Prices

Land registry data shows two sales for 7 FOREST ROAD 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 7 FOREST ROAD 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
2008 21 NOV	£242,000	£251,567	4% below HPI
2003 10 OCT	£180,000	£198,359	9% below HPI

7 FOREST ROAD 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 7 FOREST ROAD sales from October 2003 and November 2008 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 October 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2008 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 FOREST ROAD?

7 FOREST ROAD is 115m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 7 FOREST ROAD lies on this distribution: 68% of detached houses are smaller than 7 FOREST ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 FOREST ROAD: Plot and Title Map

7 FOREST ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 7 FOREST 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 7 FOREST 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.

Where is 7 FOREST ROAD?

7 FOREST ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 7 on FOREST ROAD.