1, WHITEPIT LANE, NEWPORT, PO30 1LX - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WHITEPIT LANE is a large extended semi-detached house of 120m², built sometime before 1900, which could now be worth an estimated £303,458. It was last sold for £245,000 in August 2020, which was around 7% above the average August 2020 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

1 WHITEPIT LANE Sold Prices

Land registry data shows five sales for 1 WHITEPIT LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 1 WHITEPIT LANE sales 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 13 AUG	£245,000	£229,305	7% above HPI
2016 25 MAY	£221,000	£193,822	14% above HPI
2013 13 DEC	£185,000	£176,301	5% above HPI
2010 15 FEB	£190,000	£169,664	12% above HPI
2007 31 AUG	£235,000	£182,012	29% above HPI

1 WHITEPIT LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 1 WHITEPIT LANE sales between August 2007 and August 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 May 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 WHITEPIT LANE be worth now?

1 WHITEPIT LANE might now be worth an estimated £303,458.

This is based on house price inflation of 23.9%, between August 2020 and March 2025, for semi-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 23.9% inflationary increase is applied to the most recent sale price for 1 WHITEPIT LANE of £245,000 on 13th August 2020. For the value to have increased from £245,000 to £303,458 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 1 WHITEPIT LANE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The August 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WHITEPIT LANE has not materially changed since August 2020.

How Large is 1 WHITEPIT LANE?

1 WHITEPIT LANE is 120m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 1 WHITEPIT LANE lies on this distribution: 72% of semi-detached houses houses are smaller than 1 WHITEPIT LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 WHITEPIT LANE: Plot and Title Map

1 WHITEPIT LANE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 1 WHITEPIT LANE, 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 1 WHITEPIT LANE). 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 1 WHITEPIT LANE?

1 WHITEPIT LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 1 on WHITEPIT LANE.