ALBERTA, BUCKBURY LANE, NEWPORT, PO30 2NJ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ALBERTA is a large extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £414,693. It was last sold for £250,000 in June 2006, which was around 3% above the average June 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

ALBERTA Sold Prices

Land registry data shows three sales for ALBERTA 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. Two of the three ALBERTA sales were for above the average price, whilst one was 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
2006 27 JUN	£250,000	£241,789	3% above HPI
1999 29 NOV	£97,500	£105,718	8% below HPI
1998 2 MAR	£87,750	£80,609	9% above HPI

ALBERTA 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 ALBERTA sales between March 1998 and June 2006 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 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2006 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might ALBERTA be worth now?

ALBERTA might now be worth an estimated £414,693.

This is based on house price inflation of 65.9%, between June 2006 and December 2024, for 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 65.9% inflationary increase is applied to the most recent sale price for ALBERTA of £250,000 on 27th June 2006. For the value to have increased from £250,000 to £414,693 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of ALBERTA has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of ALBERTA has not materially changed since June 2006.

How Large is ALBERTA?

ALBERTA is 118m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where ALBERTA lies on this distribution: 70% of detached houses houses are smaller than ALBERTA, and 29% of houses are larger. Note that EPC data is not available for all properties in Newport.

ALBERTA: Plot and Title Map

ALBERTA sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of ALBERTA, 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 ALBERTA). 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 ALBERTA?

ALBERTA is located on BUCKBURY LANE in NEWPORT, in the PO30 postcode district. The below map shows the position of ALBERTA on BUCKBURY LANE.