7, MILLER CLOSE, NEWPORT, PO30 5PS - £380,000

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 MILLER CLOSE is a large detached house of 129m², built sometime between 1976 and 1982. It was last sold for £380,000 in January 2024, which was around 10% below the average January 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

7 MILLER CLOSE Sold Prices

Land registry data shows two sales for 7 MILLER 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. Both of the two 7 MILLER CLOSE 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
2024 24 JAN	£380,000	£423,919	10% below HPI
1998 30 NOV	£83,000	£95,045	13% below HPI

7 MILLER 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 7 MILLER CLOSE sales from November 1998 and January 2024 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 MILLER CLOSE?

7 MILLER CLOSE is 129m² according to the EPC inspection conducted in February 2022. This puts it in the largest 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 7 MILLER CLOSE lies on this distribution: 79% of detached houses are smaller than 7 MILLER CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 MILLER CLOSE: Plot and Title Map

7 MILLER CLOSE sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 7 MILLER 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 7 MILLER 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 7 MILLER CLOSE?

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