CASTLEND, BANNER LANE, NEWPORT, PO30 5UT - £129,950

CASTLEND is a small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £129,950 in December 2002, which was around 30% below the average December 2002 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

CASTLEND Sold Prices

Land registry data shows four sales for CASTLEND 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 CASTLEND 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
2002 12 DEC	£129,950	£184,364	30% below HPI
1999 4 MAY	£63,000	£97,717	36% below HPI
1997 21 MAR	£59,000	£72,503	19% below HPI
1995 3 APR	£30,000	£67,855	56% below HPI

CASTLEND 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 CASTLEND sales between April 1995 and December 2002 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2002 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is CASTLEND?

CASTLEND is 76m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where CASTLEND lies on this distribution: 22% of detached houses are smaller than CASTLEND, and 77% of houses are larger. Note that EPC data is not available for all properties in Newport.

CASTLEND: Plot and Title Map

CASTLEND sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of CASTLEND, 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 CASTLEND). 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 CASTLEND?

CASTLEND is located on BANNER LANE in NEWPORT, in the PO30 postcode district. The below map shows the position of CASTLEND on BANNER LANE.