51, CROSS LANE, NEWPORT, PO30 2JW - £150,000

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.

51 CROSS LANE is a very small terraced house of 56m², built sometime between 1900 and 1929, which could now be worth an estimated £197,567. It was last sold for £150,000 in August 2017, which was around 5% below the average August 2017 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

51 CROSS LANE Sold Prices

Land registry data shows five sales for 51 CROSS LANE 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 51 CROSS LANE 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
2017 15 AUG	£150,000	£158,049	5% below HPI
2013 1 MAR	£132,500	£130,923	1% above HPI
2005 16 MAY	£127,500	£124,380	3% above HPI
2003 28 MAR	£97,500	£89,402	9% above HPI
1998 10 JUL	£32,000	£42,646	25% below HPI

51 CROSS LANE 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 51 CROSS LANE sales between July 1998 and August 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 March 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 51 CROSS LANE be worth now?

51 CROSS LANE might now be worth an estimated £197,567.

This is based on house price inflation of 31.7%, between August 2017 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 31.7% inflationary increase is applied to the most recent sale price for 51 CROSS LANE of £150,000 on 15th August 2017. For the value to have increased from £150,000 to £197,567 over the eight years and two months to June 2025, the following assumptions must hold true:

• The value of 51 CROSS LANE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The August 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 51 CROSS LANE has not materially changed since August 2017.

How Large is 51 CROSS LANE?

51 CROSS LANE is 56m² according to the EPC inspection conducted in June 2020. 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 51 CROSS LANE lies on this distribution: 3% of terraced houses houses are smaller than 51 CROSS LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.

51 CROSS LANE: Plot and Title Map

51 CROSS LANE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 51 CROSS 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 51 CROSS 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 51 CROSS LANE?

51 CROSS LANE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 51 on CROSS LANE.