116, STATION ROAD, WOOTTON BRIDGE, RYDE, PO33 4RQ - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

116 STATION ROAD is a midsized extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £480,000 in January 2023, which was around 10% above the average January 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

116 STATION ROAD Sold Prices

Land registry data shows three sales for 116 STATION ROAD 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 116 STATION ROAD 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
2023 27 JAN	£480,000	£437,223	10% above HPI
2013 25 OCT	£335,000	£255,998	31% above HPI
2007 30 OCT	£290,000	£273,234	6% above HPI

116 STATION ROAD 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 116 STATION ROAD sales between October 2007 and January 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 October 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 116 STATION ROAD?

116 STATION ROAD is 97m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 116 STATION ROAD lies on this distribution: 44% of detached houses are smaller than 116 STATION ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Wootton.

116 STATION ROAD: Plot and Title Map

116 STATION ROAD sits on a plot of roughly 0.309 of an acre, or 1,250m². The below map shows the location of 116 STATION ROAD, 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 116 STATION ROAD). 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 116 STATION ROAD?

116 STATION ROAD is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 116 on STATION ROAD.