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
9 NEWPORT ROAD is a very small extended detached house of 76m², built sometime between 1900 and 1929. It was last sold for £142,500 in October 2020, which was around 60% below the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 9 NEWPORT ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 9 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 |
---|---|---|---|
2020 14 OCT | £142,500 | £352,278 | 60% below HPI |
2015 11 AUG | £55,000 | £279,826 | 80% below HPI |
2007 22 JUN | £83,000 | £259,835 | 68% below HPI |
2003 10 NOV | £50,000 | £204,988 | 76% below HPI |
2003 28 FEB | £38,000 | £185,490 | 80% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 9 NEWPORT ROAD sales between February 2003 and October 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 August 2015 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the October 2020 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.
9 NEWPORT ROAD is 76m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 9 NEWPORT ROAD lies on this distribution: 10% of detached houses are smaller than 9 NEWPORT ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ventnor.
9 NEWPORT ROAD sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 9 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 9 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.
9 NEWPORT ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 9 on NEWPORT ROAD.