74, MEDINA AVENUE, NEWPORT, PO30 1HF - £385,000

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

74 MEDINA AVENUE is a large extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £385,000 in January 2023, which was around 12% below the average January 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2022, where the current energy rating was G, and the potential energy rating was C.

74 MEDINA AVENUE Sold Prices

Land registry data shows three sales for 74 MEDINA AVENUE 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. All of the three 74 MEDINA AVENUE 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 20 JAN	£385,000	£437,223	12% below HPI
2007 3 APR	£235,000	£259,496	9% below HPI
2006 15 JUN	£175,000	£246,936	29% below HPI

74 MEDINA AVENUE 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 74 MEDINA AVENUE sales between June 2006 and January 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 April 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 74 MEDINA AVENUE?

74 MEDINA AVENUE is 109m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 74 MEDINA AVENUE lies on this distribution: 65% of detached houses are smaller than 74 MEDINA AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Newport.

74 MEDINA AVENUE: Plot and Title Map

74 MEDINA AVENUE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 74 MEDINA AVENUE, 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 74 MEDINA AVENUE). 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 74 MEDINA AVENUE?

74 MEDINA AVENUE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 74 on MEDINA AVENUE.