12, OAK ROAD, NEWPORT, PO30 2JY - £168,000

12 OAK ROAD is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £168,000 in May 2013, which was around 31% below the average May 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was A.

12 OAK ROAD Sold Prices

Land registry data shows two sales for 12 OAK ROAD 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 12 OAK ROAD 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
2013 3 MAY	£168,000	£243,197	31% below HPI
1999 16 JUL	£70,000	£98,055	29% below HPI

12 OAK ROAD 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 12 OAK ROAD sales from July 1999 and May 2013 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 July 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 OAK ROAD?

12 OAK ROAD is 69m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 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 12 OAK ROAD lies on this distribution: 11% of detached houses are smaller than 12 OAK ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

12 OAK ROAD: Plot and Title Map

12 OAK ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 12 OAK ROAD, 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 12 OAK ROAD). 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 12 OAK ROAD?

12 OAK ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 12 on OAK ROAD.