17, ASPEN CLOSE, NEWPORT, PO30 5FJ - £210,000

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.

17 ASPEN CLOSE is a very small terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £223,735. It was last sold for £210,000 in June 2021, which was around 7% above the average June 2021 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was B.

17 ASPEN CLOSE Sold Prices

Land registry data shows four sales for 17 ASPEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the four 17 ASPEN CLOSE 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
2021 25 JUN	£210,000	£195,389	7% above HPI
2011 11 NOV	£140,000	£133,292	5% above HPI
2010 15 JUL	£159,000	£136,318	17% above HPI
2003 5 NOV	£136,950	£100,337	36% above HPI

17 ASPEN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 17 ASPEN CLOSE sales between November 2003 and June 2021 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 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 17 ASPEN CLOSE be worth now?

17 ASPEN CLOSE might now be worth an estimated £223,735.

This is based on house price inflation of 6.5%, between June 2021 and June 2025, for terraced 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 6.5% inflationary increase is applied to the most recent sale price for 17 ASPEN CLOSE of £210,000 on 25th June 2021. For the value to have increased from £210,000 to £223,735 over the four years to June 2025, the following assumptions must hold true:

• The value of 17 ASPEN CLOSE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The June 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ASPEN CLOSE has not materially changed since June 2021.

How Large is 17 ASPEN CLOSE?

17 ASPEN CLOSE is 69m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of terraced houses houses in Newport, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newport, and where 17 ASPEN CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 17 ASPEN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

17 ASPEN CLOSE: Plot and Title Map

17 ASPEN CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 17 ASPEN CLOSE, 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 17 ASPEN CLOSE). 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 17 ASPEN CLOSE?

17 ASPEN CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 17 on ASPEN CLOSE.