7, LINNET CLOSE, NEWPORT, PO30 5GT - £180,000

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.

7 LINNET CLOSE is a very small terraced house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £239,329. It was last sold for £180,000 in June 2017, which was around 15% above the average June 2017 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

7 LINNET CLOSE Sold Prices

Land registry data shows two sales for 7 LINNET CLOSE 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 7 LINNET CLOSE 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 2 JUN	£180,000	£156,564	15% above HPI
2003 3 APR	£125,500	£90,501	39% above HPI

7 LINNET CLOSE 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 7 LINNET CLOSE sales from April 2003 and June 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 April 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 LINNET CLOSE be worth now?

7 LINNET CLOSE might now be worth an estimated £239,329.

This is based on house price inflation of 33%, between June 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 33% inflationary increase is applied to the most recent sale price for 7 LINNET CLOSE of £180,000 on 2nd June 2017. For the value to have increased from £180,000 to £239,329 over the eight years to June 2025, the following assumptions must hold true:

• The value of 7 LINNET CLOSE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The June 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LINNET CLOSE has not materially changed since June 2017.

How Large is 7 LINNET CLOSE?

7 LINNET CLOSE is 73m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% 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 7 LINNET CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 7 LINNET CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 LINNET CLOSE: Plot and Title Map

7 LINNET CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 7 LINNET CLOSE, 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 7 LINNET CLOSE). 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 7 LINNET CLOSE?

7 LINNET CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 7 on LINNET CLOSE.