POPES COTTAGE, MAIN ROAD, NINGWOOD, NEWPORT, PO30 4NP - £225,000

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

POPES COTTAGE is a very small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £225,000 in August 2014, which was around 15% below the average August 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

POPES COTTAGE Sold Prices

Land registry data shows two sales for POPES COTTAGE 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 POPES COTTAGE 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
2014 22 AUG	£225,000	£265,613	15% below HPI
2012 6 NOV	£175,000	£248,815	30% below HPI

POPES COTTAGE 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 POPES COTTAGE sales from November 2012 and August 2014 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 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is POPES COTTAGE?

POPES COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Ningwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ningwood, and where POPES COTTAGE lies on this distribution: 17% of detached houses are smaller than POPES COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ningwood.

POPES COTTAGE: Plot and Title Map

POPES COTTAGE sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of POPES COTTAGE, 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 POPES COTTAGE). 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 POPES COTTAGE?

POPES COTTAGE is located on MAIN ROAD in NINGWOOD, in the PO30 postcode district. The below map shows the position of POPES COTTAGE on MAIN ROAD.