7, MULBERRY CLOSE, NEWPORT, PO30 5EY - £320,000

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 MULBERRY CLOSE is a large extended detached house of 106m², built sometime between 2003 and 2006. It was last sold for £320,000 in September 2021, which was around 14% below the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

7 MULBERRY CLOSE Sold Prices

Land registry data shows three sales for 7 MULBERRY CLOSE since 1^st 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. Two of the three 7 MULBERRY CLOSE sales were for below the average price, whilst one was for above 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
2021 30 SEP	£320,000	£372,037	14% below HPI
2016 20 DEC	£233,000	£289,331	19% below HPI
2006 29 SEP	£254,995	£250,916	2% above HPI

7 MULBERRY 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 three 7 MULBERRY CLOSE sales between September 2006 and September 2021 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 MULBERRY CLOSE?

7 MULBERRY CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 MULBERRY CLOSE lies on this distribution: 62% of detached houses are smaller than 7 MULBERRY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 MULBERRY CLOSE: Plot and Title Map

7 MULBERRY CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 7 MULBERRY 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 MULBERRY 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 MULBERRY CLOSE?

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