3, WOLFE CLOSE, NEWPORT, PO30 5RB - £252,250

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.

3 WOLFE CLOSE is a midsized extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £344,278. It was last sold for £252,250 in July 2017, which was around 15% below the average July 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 WOLFE CLOSE Sold Prices

Land registry data shows two sales for 3 WOLFE CLOSE 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 3 WOLFE 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
2017 28 JUL	£252,250	£295,050	15% below HPI
2012 1 JUN	£210,000	£250,382	16% below HPI

3 WOLFE 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 two 3 WOLFE CLOSE sales from June 2012 and July 2017 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 June 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 WOLFE CLOSE be worth now?

3 WOLFE CLOSE might now be worth an estimated £344,278.

This is based on house price inflation of 36.5%, between July 2017 and March 2025, 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 36.5% inflationary increase is applied to the most recent sale price for 3 WOLFE CLOSE of £252,250 on 28th July 2017. For the value to have increased from £252,250 to £344,278 over the eight years and four months to March 2025, the following assumptions must hold true:

• The value of 3 WOLFE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2017 sale price of £252,250 represented a fair market value for the property.
• The size, condition, and specification of 3 WOLFE CLOSE has not materially changed since July 2017.

How Large is 3 WOLFE CLOSE?

3 WOLFE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% 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 3 WOLFE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 3 WOLFE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 WOLFE CLOSE: Plot and Title Map

3 WOLFE CLOSE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 3 WOLFE 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 3 WOLFE 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 3 WOLFE CLOSE?

3 WOLFE CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 3 on WOLFE CLOSE.