31, SCHOOL LANE, BARTON, NEWPORT, PO30 2HP - £268,000

31 SCHOOL LANE is a very large extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £268,000 in March 2022, which was around 34% below the average March 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

31 SCHOOL LANE Sold Prices

Land registry data shows five sales for 31 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 31 SCHOOL LANE 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 25 MAR	£268,000	£408,232	34% below HPI
2021 27 MAY	£268,000	£365,654	27% below HPI
2003 28 FEB	£178,000	£185,490	4% below HPI
1999 8 OCT	£100,000	£105,421	5% below HPI
1996 19 SEP	£63,000	£71,831	12% below HPI

31 SCHOOL LANE 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 five 31 SCHOOL LANE sales between September 1996 and March 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 May 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 31 SCHOOL LANE?

31 SCHOOL LANE is 132m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 31 SCHOOL LANE lies on this distribution: 81% of detached houses are smaller than 31 SCHOOL LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Newport.

31 SCHOOL LANE: Plot and Title Map

31 SCHOOL LANE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 31 SCHOOL 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 31 SCHOOL 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 31 SCHOOL LANE?

31 SCHOOL LANE is located in BARTON, in the PO30 postcode district. The below map shows the position of No. 31 on SCHOOL LANE.