10, THE GLADE, WROXALL, VENTNOR, PO38 3QA - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 THE GLADE is a very small extended detached house of 44m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2023, which was around 47% below the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

10 THE GLADE Sold Prices

Land registry data shows two sales for 10 THE GLADE 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 10 THE GLADE 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
2023 11 AUG	£225,000	£422,181	47% below HPI
2016 30 SEP	£160,000	£295,772	46% below HPI

10 THE GLADE 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 10 THE GLADE sales from September 2016 and August 2023 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 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 10 THE GLADE?

10 THE GLADE is 44m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Wroxall, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxall, and where 10 THE GLADE lies on this distribution: 2% of detached houses are smaller than 10 THE GLADE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

10 THE GLADE: Plot and Title Map

10 THE GLADE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 10 THE GLADE, 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 10 THE GLADE). 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 10 THE GLADE?

10 THE GLADE is located in WROXALL, in the PO38 postcode district. The below map shows the position of No. 10 on THE GLADE.