53, WELLESLEY WAY, NEWPORT, PO30 2GA - £152,000

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.

53 WELLESLEY WAY is a very small terraced house of 51m², which could now be worth an estimated £201,623. It was last sold for £152,000 in July 2017, which was around 3% below the average July 2017 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

53 WELLESLEY WAY Sold Prices

Land registry data shows two sales for 53 WELLESLEY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 53 WELLESLEY WAY 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 21 JUL	£152,000	£156,934	3% below HPI
2014 9 MAY	£130,000	£142,590	9% below HPI

53 WELLESLEY WAY 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 two 53 WELLESLEY WAY sales from May 2014 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 May 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 53 WELLESLEY WAY be worth now?

53 WELLESLEY WAY might now be worth an estimated £201,623.

This is based on house price inflation of 32.6%, between July 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 32.6% inflationary increase is applied to the most recent sale price for 53 WELLESLEY WAY of £152,000 on 21st July 2017. For the value to have increased from £152,000 to £201,623 over the eight years and one month to June 2025, the following assumptions must hold true:

• The value of 53 WELLESLEY WAY has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The July 2017 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 53 WELLESLEY WAY has not materially changed since July 2017.

How Large is 53 WELLESLEY WAY?

53 WELLESLEY WAY is 51m² according to the EPC inspection conducted in April 2014. 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 53 WELLESLEY WAY lies on this distribution: 2% of terraced houses houses are smaller than 53 WELLESLEY WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Newport.

53 WELLESLEY WAY: Plot and Title Map

53 WELLESLEY WAY sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 53 WELLESLEY WAY, 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 53 WELLESLEY WAY). 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 53 WELLESLEY WAY?

53 WELLESLEY WAY is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 53 on WELLESLEY WAY.