6A, ROYAL EXCHANGE, NEWPORT, PO30 2HN - £169,950

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.

6A ROYAL EXCHANGE is a very small terraced house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £166,917. It was last sold for £169,950 in April 2022, which was around 20% below the average April 2022 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

6A ROYAL EXCHANGE Sold Prices

Land registry data shows four sales for 6A ROYAL EXCHANGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the four 6A ROYAL EXCHANGE 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 29 APR	£169,950	£211,950	20% below HPI
2018 3 MAY	£128,000	£159,874	20% below HPI
2011 9 SEP	£115,000	£131,645	13% below HPI
2002 26 JUL	£69,950	£79,832	12% below HPI

6A ROYAL EXCHANGE 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 four 6A ROYAL EXCHANGE sales between July 2002 and April 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 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2022 sale, which was also at 20% below the HPI.

What might 6A ROYAL EXCHANGE be worth now?

6A ROYAL EXCHANGE might now be worth an estimated £166,917.

This is based on house price deflation of 1.8%, between April 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 1.8% deflationary decrease is applied to the most recent sale price for 6A ROYAL EXCHANGE of £169,950 on 29th April 2022. For the value to have decreased from £169,950 to £166,917 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 6A ROYAL EXCHANGE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The April 2022 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 6A ROYAL EXCHANGE has not materially changed since April 2022.

How Large is 6A ROYAL EXCHANGE?

6A ROYAL EXCHANGE is 65m² according to the EPC inspection conducted in January 2022. 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 6A ROYAL EXCHANGE lies on this distribution: 7% of terraced houses houses are smaller than 6A ROYAL EXCHANGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

6A ROYAL EXCHANGE: Plot and Title Map

6A ROYAL EXCHANGE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 6A ROYAL EXCHANGE, 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 6A ROYAL EXCHANGE). 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 6A ROYAL EXCHANGE?

6A ROYAL EXCHANGE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 6A on ROYAL EXCHANGE.