8, NEWPORT ROAD, VENTNOR, PO38 1AE - £63,000

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

8 NEWPORT ROAD is a midsized detached house of 120m², built sometime between 1950 and 1966. It was last sold for £63,000 in March 2016, which was around 78% below the average March 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

8 NEWPORT ROAD Sold Prices

Land registry data shows four sales for 8 NEWPORT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 8 NEWPORT ROAD 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 17 MAR	£63,000	£289,611	78% below HPI
2014 23 JAN	£40,000	£260,353	85% below HPI
2011 4 MAY	£66,000	£249,829	74% below HPI
1997 26 JUN	£31,500	£77,449	59% below HPI

8 NEWPORT ROAD 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 four 8 NEWPORT ROAD sales between June 1997 and March 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 January 2014 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the March 2016 sale, where it rises to 78% below the HPI. The line then continues to track at 78% below the HPI.

How Large is 8 NEWPORT ROAD?

8 NEWPORT ROAD is 120m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 8 NEWPORT ROAD lies on this distribution: 50% of detached houses are smaller than 8 NEWPORT ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

8 NEWPORT ROAD: Plot and Title Map

8 NEWPORT ROAD sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 8 NEWPORT ROAD, 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 NEWPORT ROAD). 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 NEWPORT ROAD?

8 NEWPORT ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 8 on NEWPORT ROAD.