8A, SCHOOL LANE, CARISBROOKE, NEWPORT, PO30 5JX - £156,500

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.

8A SCHOOL LANE is a small semi-detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £271,709. It was last sold for £156,500 in July 2009, which was around 4% below the average July 2009 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

8A SCHOOL LANE Sold Prices

Land registry data shows four sales for 8A SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 8A SCHOOL 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
2009 31 JUL	£156,500	£163,590	4% below HPI
2007 30 MAR	£169,500	£179,494	6% below HPI
2005 6 SEP	£160,000	£162,759	2% below HPI
2003 31 MAR	£94,000	£119,836	22% below HPI

8A SCHOOL LANE 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 four 8A SCHOOL LANE sales between March 2003 and July 2009 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 March 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2009 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8A SCHOOL LANE be worth now?

8A SCHOOL LANE might now be worth an estimated £271,709.

This is based on house price inflation of 73.6%, between July 2009 and March 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 73.6% inflationary increase is applied to the most recent sale price for 8A SCHOOL LANE of £156,500 on 31st July 2009. For the value to have increased from £156,500 to £271,709 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 8A SCHOOL LANE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The July 2009 sale price of £156,500 represented a fair market value for the property.
• The size, condition, and specification of 8A SCHOOL LANE has not materially changed since July 2009.

How Large is 8A SCHOOL LANE?

8A SCHOOL LANE is 89m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 8A SCHOOL LANE lies on this distribution: 39% of semi-detached houses houses are smaller than 8A SCHOOL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Newport.

8A SCHOOL LANE: Plot and Title Map

8A SCHOOL LANE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 8A SCHOOL 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 SCHOOL 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 SCHOOL LANE?

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