2 Binfield Cottages Mill Lane

    2 BINFIELD COTTAGES, MILL LANE, BINFIELD, NEWPORT, PO30 2LA

    This semi-detached freehold property on Mill Lane last sold in March 2025 for £450,000. Based on price growth in the PO30 district since then, its estimated current value is £450,000 — placing it in the 74th percentile nationally and the 91st percentile within PO30. The property covers 62 m² (667 sq ft), giving an estimated value of £7,258 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £450,000

    Mar 2025

    Estimated Valuation

    £450,000

    Est. £/sq ft

    £674/sq ft

    £7,258/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Mar 2025

    £450,000

    29 Sept 2017

    £315,000

    24 Nov 2006

    £295,000

    4 Feb 2000

    £80,000

    Key Metrics

    Estimated valuation£450,000
    Value per sq ft / m²£674/sq ft (£7,258/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile91st percentile
    National percentile74th percentile

    District Context — PO30

    PO30 covers the Isle of Wight, a coastal island off Hampshire's southern coast. It is a mature, family-friendly community with strong appeal to retirees and holiday visitors.

    Average Property Price - PO30

    £261,554

    31

    National percentile

    Average Net Household Income - PO30

    £37,072

    44

    National percentile

    10-Year Annualised Price Growth - PO30

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO30

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