2, REDWING CLOSE, NEWPORT, PO30 5SW - £310,000

2 REDWING CLOSE is a small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £310,000 in July 2022, which was around 27% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

2 REDWING CLOSE Sold Prices

Land registry data shows three sales for 2 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 2 REDWING CLOSE 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
2022 8 JUL	£310,000	£426,827	27% below HPI
2010 13 APR	£215,000	£254,018	15% below HPI
2004 16 JAN	£179,950	£209,766	14% below HPI

2 REDWING CLOSE 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 three 2 REDWING CLOSE sales between January 2004 and July 2022 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 April 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 REDWING CLOSE?

2 REDWING CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 2 REDWING CLOSE lies on this distribution: 24% of detached houses are smaller than 2 REDWING CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 REDWING CLOSE: Plot and Title Map

2 REDWING CLOSE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 2 REDWING 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 2 REDWING 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 2 REDWING CLOSE?

2 REDWING CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 2 on REDWING CLOSE.