9, MERRICK CLOSE, NEWPORT, PO30 2FT - £158,000

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.

9 MERRICK CLOSE is a very small terraced house of 69m², which could now be worth an estimated £212,582. It was last sold for £158,000 in March 2017, which was around 2% above the average March 2017 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was B.

9 MERRICK CLOSE Sold Prices

Land registry data shows two sales for 9 MERRICK 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 9 MERRICK 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 24 MAR	£158,000	£154,719	2% above HPI
2012 16 NOV	£153,000	£133,086	15% above HPI

9 MERRICK 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 9 MERRICK CLOSE sales from November 2012 and March 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 November 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 9 MERRICK CLOSE be worth now?

9 MERRICK CLOSE might now be worth an estimated £212,582.

This is based on house price inflation of 34.5%, between March 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 34.5% inflationary increase is applied to the most recent sale price for 9 MERRICK CLOSE of £158,000 on 24th March 2017. For the value to have increased from £158,000 to £212,582 over the seven years and nine months to June 2025, the following assumptions must hold true:

• The value of 9 MERRICK CLOSE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The March 2017 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MERRICK CLOSE has not materially changed since March 2017.

How Large is 9 MERRICK CLOSE?

9 MERRICK CLOSE is 69m² according to the EPC inspection conducted in May 2012. 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 9 MERRICK CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 9 MERRICK CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

9 MERRICK CLOSE: Plot and Title Map

9 MERRICK CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 9 MERRICK 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 9 MERRICK 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 9 MERRICK CLOSE?

9 MERRICK CLOSE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 9 on MERRICK CLOSE.