6, SCHOOL LANE, CARISBROOKE, NEWPORT, PO30 5JX - £180,000

6 SCHOOL LANE is a small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £180,000 in October 2015, which was around 37% below the average October 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

6 SCHOOL LANE Sold Prices

Land registry data shows four sales for 6 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 6 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
2015 15 OCT	£180,000	£286,326	37% below HPI
2014 23 SEP	£180,000	£265,971	32% below HPI
1999 13 SEP	£85,000	£103,136	18% below HPI
1996 28 JUN	£63,500	£69,114	8% below HPI

6 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 four 6 SCHOOL LANE sales between June 1996 and October 2015 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 September 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 SCHOOL LANE?

6 SCHOOL LANE is 84m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 6 SCHOOL LANE lies on this distribution: 33% of detached houses are smaller than 6 SCHOOL LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Newport.

6 SCHOOL LANE: Plot and Title Map

6 SCHOOL LANE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 6 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 6 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 6 SCHOOL LANE?

6 SCHOOL LANE is located in CARISBROOKE, in the PO30 postcode district. The below map shows the position of No. 6 on SCHOOL LANE.