9, ASH LANE, NEWPORT, PO30 5LT - £265,000

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

9 ASH LANE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £265,000 in October 2018, which was around 17% below the average October 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

9 ASH LANE Sold Prices

Land registry data shows three sales for 9 ASH LANE 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 9 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
2018 5 OCT	£265,000	£318,164	17% below HPI
2016 21 NOV	£232,000	£290,578	20% below HPI
1999 23 JUL	£77,500	£98,055	21% below HPI

9 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 three 9 ASH LANE sales between July 1999 and October 2018 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 November 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 9 ASH LANE?

9 ASH LANE is 83m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 9 ASH LANE lies on this distribution: 30% of detached houses are smaller than 9 ASH LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newport.

9 ASH LANE: Plot and Title Map

9 ASH LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 9 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 9 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 9 ASH LANE?

9 ASH LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 9 on ASH LANE.