HIGHLANDS, BUCKBURY LANE, NEWPORT, PO30 2NJ - £650,000

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

HIGHLANDS is a very large extended detached house of 217m², built sometime from 2007 onwards. It was last sold for £650,000 in January 2021, which was around 77% above the average January 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

HIGHLANDS Sold Prices

Land registry data shows four sales for HIGHLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. two of the four HIGHLANDS sales were for above the average price, and four 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
2021 28 JAN	£650,000	£366,659	77% above HPI
2015 2 APR	£492,000	£262,734	87% above HPI
2006 16 OCT	£185,000	£251,447	26% below HPI
2000 12 JAN	£60,000	£109,443	45% below HPI

HIGHLANDS 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 four HIGHLANDS sales between January 2000 and January 2021 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 April 2015 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the January 2021 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is HIGHLANDS?

HIGHLANDS is 217m², which includes four extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where HIGHLANDS lies on this distribution: 97% of detached houses are smaller than HIGHLANDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Newport.

HIGHLANDS: Plot and Title Map

HIGHLANDS sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of HIGHLANDS, 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 HIGHLANDS). 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 HIGHLANDS?

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