2 Fine Lane, Shorwell, Newport, PO30 3LE is a leasehold flat built between 1976-1982. The property offers approximately 635 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £94,931 , which equates to approximately £149 per square foot. It was last sold on 25 Mar 2022 for £100,000. Since then, the value has decreased by £5,069, representing a 5.1% decrease, or approximately 1.4% per year.

The current estimated value of £94,931 is:

  • 76.4% lower than the average property price on Fine Lane
  • 47.8% lower than the average in the PO30 3LE postcode area
  • and 64.2% lower than the average price for Newport as a whole

At the most recent EPC inspection on 25 October 2021, the property was recorded as rented.

View sold house prices in PO30 3LE

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£94,931
Price Per sq ft (estimate)
£149
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Fine Lane, Shorwell, Newport, Isle Of Wight, PO30 3LE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Oct 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Jun 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 36%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to good.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Sale History

Today
£94,931
streetscan.co.uk estimate
-5 %
25 Mar 2022
£100,000
Leasehold
+55 %
25 Oct 2002
£64,500
Leasehold

Area Insights

Nearby Properties

16 Fine Lane, Shorwell, Newport, PO30 3LE
rooms: 5
size: 947 sq ft
sale price: £150,000
sale date: 27 Mar 2009

Data Sources

The property at 2 Fine Lane, Shorwell, Newport, PO30 3LE appears two times in the Land Registry records, with the latest transaction recorded on 25 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Oct 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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