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
70 MAYFIELD DRIVE is a very small detached house of 49m², built sometime between 1967 and 1975. It was last sold for £218,000 in March 2024, which was around 47% below the average March 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 70 MAYFIELD DRIVE 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 70 MAYFIELD DRIVE 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 8 MAR | £218,000 | £409,350 | 47% below HPI |
2008 22 DEC | £130,000 | £250,413 | 48% below HPI |
1996 14 JAN | £46,500 | £71,649 | 35% 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 70 MAYFIELD DRIVE sales between January 1996 and March 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 December 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
70 MAYFIELD DRIVE is 49m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 70 MAYFIELD DRIVE lies on this distribution: 1% of detached houses are smaller than 70 MAYFIELD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Newport.
70 MAYFIELD DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 70 MAYFIELD DRIVE, 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 70 MAYFIELD DRIVE). 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.
70 MAYFIELD DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 70 on MAYFIELD DRIVE.