THE CROFT, NEW ROAD, PORCHFIELD, NEWPORT, PO30 4LT - £324,000

THE CROFT is a large detached house of 149m², built sometime between 1983 and 1990. It was last sold for £324,000 in September 2006, which was around 29% above the average September 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was D.

THE CROFT Sold Prices

Land registry data shows three sales for THE CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three THE CROFT 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
2006 8 SEP	£324,000	£250,916	29% above HPI
2000 19 SEP	£194,000	£126,104	54% above HPI
1995 17 MAY	£73,500	£68,203	8% above HPI

THE CROFT 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 three THE CROFT sales between May 1995 and September 2006 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 2000 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2006 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is THE CROFT?

THE CROFT is 149m² according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Porchfield, based on EPC data. The below chart shows the distribution of detached houses by size in Porchfield, and where THE CROFT lies on this distribution: 71% of detached houses are smaller than THE CROFT, and 25% of houses are larger. Note that EPC data is not available for all properties in Porchfield.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.499 of an acre, or 2,017m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

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