40, PINEVIEW DRIVE, NEWPORT, PO30 5GJ - £172,000

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.

40 PINEVIEW DRIVE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £169,841. It was last sold for £172,000 in January 2022, which was around 18% below the average January 2022 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

40 PINEVIEW DRIVE Sold Prices

Land registry data shows five sales for 40 PINEVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Most of the five 40 PINEVIEW DRIVE 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 28 JAN	£172,000	£210,814	18% below HPI
2018 30 JAN	£140,000	£158,370	12% below HPI
2015 6 NOV	£132,000	£149,397	12% below HPI
2007 29 AUG	£138,000	£145,796	5% below HPI
1997 24 MAR	£41,000	£35,342	16% above HPI

40 PINEVIEW DRIVE 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 five 40 PINEVIEW DRIVE sales between March 1997 and January 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 January 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 40 PINEVIEW DRIVE be worth now?

40 PINEVIEW DRIVE might now be worth an estimated £169,841.

This is based on house price deflation of 1.3%, between January 2022 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 1.3% deflationary decrease is applied to the most recent sale price for 40 PINEVIEW DRIVE of £172,000 on 28th January 2022. For the value to have decreased from £172,000 to £169,841 over the two years and seven months to June 2025, the following assumptions must hold true:

• The value of 40 PINEVIEW DRIVE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The January 2022 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PINEVIEW DRIVE has not materially changed since January 2022.

How Large is 40 PINEVIEW DRIVE?

40 PINEVIEW DRIVE is 55m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 40 PINEVIEW DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 40 PINEVIEW DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.

40 PINEVIEW DRIVE: Plot and Title Map

40 PINEVIEW DRIVE sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 40 PINEVIEW DRIVE, 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 40 PINEVIEW DRIVE). 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 40 PINEVIEW DRIVE?

40 PINEVIEW DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 40 on PINEVIEW DRIVE.