KARIBU, GUNVILLE WEST, NEWPORT, PO30 5LJ - £41,250

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

KARIBU is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £41,250 in May 2000, which was around 65% below the average May 2000 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

KARIBU Sold Prices

Land registry data shows two sales for KARIBU since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two KARIBU 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
2000 15 MAY	£41,250	£116,227	65% below HPI
1995 10 NOV	£57,000	£68,411	17% below HPI

KARIBU 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 two KARIBU sales from November 1995 and May 2000 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 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2000 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is KARIBU?

KARIBU is 122m² according to the EPC inspection conducted in January 2018. This puts it in the largest 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 KARIBU lies on this distribution: 74% of detached houses are smaller than KARIBU, and 25% of houses are larger. Note that EPC data is not available for all properties in Newport.

KARIBU: Plot and Title Map

KARIBU sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of KARIBU, 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 KARIBU). 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 KARIBU?

KARIBU is located on GUNVILLE WEST in NEWPORT, in the PO30 postcode district. The below map shows the position of KARIBU on GUNVILLE WEST.