8, ACACIA CLOSE, NEWPORT, PO30 5FQ - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 ACACIA CLOSE is a large semi-detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £314,446. It was last sold for £240,000 in February 2019, which was around 10% above the average February 2019 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

8 ACACIA CLOSE Sold Prices

Land registry data shows five sales for 8 ACACIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 8 ACACIA CLOSE sales were 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
2019 15 FEB	£240,000	£217,655	10% above HPI
2010 11 FEB	£180,000	£169,664	6% above HPI
2008 17 APR	£218,950	£181,244	21% above HPI
2004 24 JUN	£195,000	£149,709	30% above HPI
2003 30 MAY	£144,950	£124,868	16% above HPI

8 ACACIA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 8 ACACIA CLOSE sales between May 2003 and February 2019 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 February 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 ACACIA CLOSE be worth now?

8 ACACIA CLOSE might now be worth an estimated £314,446.

This is based on house price inflation of 31%, between February 2019 and February 2025, for semi-detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 8 ACACIA CLOSE of £240,000 on 15th February 2019. For the value to have increased from £240,000 to £314,446 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 ACACIA CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ACACIA CLOSE has not materially changed since February 2019.

How Large is 8 ACACIA CLOSE?

8 ACACIA CLOSE is 108m² according to the EPC inspection conducted in August 2009. This puts it in the largest 40% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 8 ACACIA CLOSE lies on this distribution: 64% of semi-detached houses houses are smaller than 8 ACACIA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 ACACIA CLOSE: Plot and Title Map

8 ACACIA CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 8 ACACIA 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 8 ACACIA 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 8 ACACIA CLOSE?

8 ACACIA CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 8 on ACACIA CLOSE.