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
16 GRACE WOODFORD DRIVE is a very large detached house of 137m². It was last sold for £500,000 in August 2021, which was around 36% above the average August 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 16 GRACE WOODFORD DRIVE since 1st 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 16 GRACE WOODFORD DRIVE 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 |
---|---|---|---|
2021 13 AUG | £500,000 | £368,139 | 36% above HPI |
2019 28 NOV | £395,000 | £328,737 | 20% above HPI |
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 16 GRACE WOODFORD DRIVE sales from November 2019 and August 2021 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 November 2019 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
16 GRACE WOODFORD DRIVE is 137m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 16 GRACE WOODFORD DRIVE lies on this distribution: 88% of detached houses are smaller than 16 GRACE WOODFORD DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
16 GRACE WOODFORD DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 16 GRACE WOODFORD DRIVE, 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 16 GRACE WOODFORD DRIVE). 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.
16 GRACE WOODFORD DRIVE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 16 on GRACE WOODFORD DRIVE.