THE NEST, BURNT HOUSE LANE, NEWPORT, PO30 2PJ - £256,500

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

THE NEST is a very small extended detached house of 69m², built sometime before 1900, which could now be worth an estimated £314,430. It was last sold for £256,500 in June 2020, which was around 22% below the average June 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

THE NEST Sold Prices

Land registry data shows four sales for THE NEST 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 THE NEST sales were for below the average price, and four were for above 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
2020 8 JUN	£256,500	£327,180	22% below HPI
2013 26 SEP	£227,500	£250,543	9% below HPI
2004 30 APR	£220,000	£208,101	6% above HPI
1995 25 OCT	£90,500	£67,969	33% above HPI

THE NEST 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 THE NEST sales between October 1995 and June 2020 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 September 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might THE NEST be worth now?

THE NEST might now be worth an estimated £314,430.

This is based on house price inflation of 22.6%, between June 2020 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 22.6% inflationary increase is applied to the most recent sale price for THE NEST of £256,500 on 8th June 2020. For the value to have increased from £256,500 to £314,430 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of THE NEST has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2020 sale price of £256,500 represented a fair market value for the property.
• The size, condition, and specification of THE NEST has not materially changed since June 2020.

How Large is THE NEST?

THE NEST is 69m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% 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 THE NEST lies on this distribution: 13% of detached houses houses are smaller than THE NEST, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of THE NEST, 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 THE NEST). 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 THE NEST?

THE NEST is located on BURNT HOUSE LANE in NEWPORT, in the PO30 postcode district. The below map shows the position of THE NEST on BURNT HOUSE LANE.