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
24 RECTORY DRIVE is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2017, which was around 27% below the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 24 RECTORY 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 24 RECTORY DRIVE 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 |
---|---|---|---|
2017 18 AUG | £220,000 | £303,260 | 27% below HPI |
1999 10 MAR | £74,000 | £95,180 | 22% below 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 24 RECTORY DRIVE sales from March 1999 and August 2017 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 March 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
24 RECTORY DRIVE is 88m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 24 RECTORY DRIVE lies on this distribution: 38% of detached houses are smaller than 24 RECTORY DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wootton.
24 RECTORY DRIVE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 24 RECTORY 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 24 RECTORY 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.
24 RECTORY DRIVE is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 24 on RECTORY DRIVE.