1, Spring Lane
1, Spring Lane
Description & Estimates
1, Spring Lane, Newport is recorded publicly as an early-century freehold house across 1,722 ft2 of internal area, sitting on a 604 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Spring Lane, Newport is £414,829 and its rental estimate is £1,382 per month, given the available information and assuming reasonable condition.
Spring Lane, Newport, PO30 falls within the PO30 postal district.
Our Data Sources
1, Spring Lane, Newport has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Spring Lane, Newport, we estimate a market value of £435,570 and a rental value of £1,452 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,791 and £1,286 per month respectively.
Recent Market Change
Over the last year, 1, Spring Lane, Newport has seen its estimated sale value move down by £15,995 (3.9%) and its estimated rental value increase by £48 per month (3.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 1, Spring Lane, Newport as measuring 604 m2.
That makes it the largest plot in the postcode, where 9 of the 11 other houses have recorded plot data.
Energy Efficiency
1, Spring Lane, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Spring Lane, Newport completed on 21st August 2015 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.7% over the period since August 2015.
- Sold Aug 2015£305,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Spring Lane, Newport have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was 54, Castle Road, Newport, PO30 1DP, a freehold house which sold for £530,000.
Read more about house prices in PO30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Spring Lane, Newport, PO30, 1, Spring Lane, Newport comes out as the largest and the most expensive in our analysis of the public data.
It is also £153k more expensive than the average property across the PO30 district.
More reading links
Schools Nearby
- 200mSt Thomas of Canterbury Catholic Primary School
- 400mCarisbrooke Church of England Controlled Primary School
- 900mNine Acres Primary School
- 400mChrist The King College
- 800mCarisbrooke College
- 3.0kmMedina College
More reading links
Public Transport Nearby
From 1, Spring Lane, Newport, the nearest station is Sandown, 11.0 kilometres away.
- 11.0kmSandown
- 11.1kmShanklin
- 11.1kmSmallbrook Junction
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
