MARINA, WHITEPIT LANE, NEWPORT, PO30 1ND - £80,000

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

MARINA is a very large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £80,000 in August 1999, which was around 20% below the average August 1999 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was D.

MARINA Sold Prices

Land registry data shows two sales for MARINA 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 MARINA 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
1999 18 AUG	£80,000	£99,752	20% below HPI
1999 25 FEB	£55,000	£91,913	40% below HPI

MARINA 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 MARINA sales from February 1999 and August 1999 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 February 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 1999 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MARINA?

MARINA is 143m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where MARINA lies on this distribution: 85% of detached houses are smaller than MARINA, and 14% of houses are larger. Note that EPC data is not available for all properties in Newport.

MARINA: Plot and Title Map

MARINA sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of MARINA, 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 MARINA). 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 MARINA?

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