8, FOREST CLOSE, NEWPORT, PO30 5SF - £285,000

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

8 FOREST CLOSE is a very large detached house of 134m², built sometime between 1930 and 1949. It was last sold for £285,000 in October 2016, which was around 2% below the average October 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

8 FOREST CLOSE Sold Prices

Land registry data shows three sales for 8 FOREST 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. All of the three 8 FOREST 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
2016 10 OCT	£285,000	£291,518	2% below HPI
2011 8 APR	£242,500	£252,605	4% below HPI
2000 21 JUN	£113,000	£121,115	7% below HPI

8 FOREST 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 8 FOREST CLOSE sales between June 2000 and October 2016 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 FOREST CLOSE?

8 FOREST CLOSE is 134m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 8 FOREST CLOSE lies on this distribution: 82% of detached houses are smaller than 8 FOREST CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 FOREST CLOSE: Plot and Title Map

8 FOREST CLOSE sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of 8 FOREST 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 FOREST 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 FOREST CLOSE?

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