8A, ASH LANE, NEWPORT, PO30 5LT - £190,000

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

8A ASH LANE is a very small semi-detached house of 71m², built sometime between 1996 and 2002. It was last sold for £190,000 in July 2012, which was around 26% below the average July 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

8A ASH LANE Sold Prices

Land registry data shows two sales for 8A ASH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 8A ASH LANE 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
2012 13 JUL	£190,000	£258,114	26% below HPI
2002 10 MAY	£140,000	£158,527	12% below HPI

8A ASH LANE 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 two 8A ASH LANE sales from May 2002 and July 2012 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 May 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8A ASH LANE?

8A ASH LANE is 71m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 8A ASH LANE lies on this distribution: 15% of detached houses are smaller than 8A ASH LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newport.

8A ASH LANE: Plot and Title Map

8A ASH LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8A ASH LANE, 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 8A ASH LANE). 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 8A ASH LANE?

8A ASH LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 8A on ASH LANE.