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
52 PALMERS ROAD is a midsized extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £355,500 in August 2020, which was around 5% above the average August 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 52 PALMERS ROAD 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. One of the two 52 PALMERS ROAD sales was for above the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2020 6 AUG | £355,500 | £339,761 | 5% above HPI |
2012 15 MAY | £253,000 | £254,049 | Close to 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 52 PALMERS ROAD sales from May 2012 and August 2020 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 May 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
52 PALMERS ROAD is 100m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 52 PALMERS ROAD lies on this distribution: 46% of detached houses are smaller than 52 PALMERS ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Wootton.
52 PALMERS ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 52 PALMERS 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 52 PALMERS 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.
52 PALMERS ROAD is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 52 on PALMERS ROAD.