DANETREE, NEW ROAD, PORCHFIELD, NEWPORT, PO30 4LT - £250,000

DANETREE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £250,000 in December 2014, which was around 7% below the average December 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

DANETREE Sold Prices

Land registry data shows two sales for DANETREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two DANETREE 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
2014 1 DEC	£250,000	£269,910	7% below HPI
2002 20 SEP	£133,000	£175,887	24% below HPI

DANETREE 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 two DANETREE sales from September 2002 and December 2014 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is DANETREE?

DANETREE is 86m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Porchfield, based on EPC data. The below chart shows the distribution of detached houses by size in Porchfield, and where DANETREE lies on this distribution: 13% of detached houses are smaller than DANETREE, and 88% of houses are larger. Note that EPC data is not available for all properties in Porchfield.

DANETREE: Plot and Title Map

DANETREE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of DANETREE, 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 DANETREE). 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 DANETREE?

DANETREE is located on NEW ROAD in PORCHFIELD, in the PO30 postcode district. The below map shows the position of DANETREE on NEW ROAD.