8, SILVER BIRCH DRIVE, NEWPORT, PO30 5AG - £285,000

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 SILVER BIRCH DRIVE is a midsized extended semi-detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £331,370. It was last sold for £285,000 in December 2020, which was around 16% above the average December 2020 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 SILVER BIRCH DRIVE Sold Prices

Land registry data shows three sales for 8 SILVER BIRCH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 8 SILVER BIRCH DRIVE 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
2020 15 DEC	£285,000	£245,265	16% above HPI
2011 16 SEP	£189,000	£167,299	13% above HPI
2002 31 MAY	£129,950	£101,372	28% above HPI

8 SILVER BIRCH DRIVE 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 three 8 SILVER BIRCH DRIVE sales between May 2002 and December 2020 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 September 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 SILVER BIRCH DRIVE be worth now?

8 SILVER BIRCH DRIVE might now be worth an estimated £331,370.

This is based on house price inflation of 16.3%, between December 2020 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 16.3% inflationary increase is applied to the most recent sale price for 8 SILVER BIRCH DRIVE of £285,000 on 15th December 2020. For the value to have increased from £285,000 to £331,370 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 SILVER BIRCH DRIVE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The December 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SILVER BIRCH DRIVE has not materially changed since December 2020.

How Large is 8 SILVER BIRCH DRIVE?

8 SILVER BIRCH DRIVE is 97m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 SILVER BIRCH DRIVE lies on this distribution: 50% of semi-detached houses houses are smaller than 8 SILVER BIRCH DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 SILVER BIRCH DRIVE: Plot and Title Map

8 SILVER BIRCH DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 8 SILVER BIRCH 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 8 SILVER BIRCH 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.

Where is 8 SILVER BIRCH DRIVE?

8 SILVER BIRCH DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 8 on SILVER BIRCH DRIVE.