53, PALMERS ROAD, WOOTTON BRIDGE, RYDE, PO33 4NE - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

53 PALMERS ROAD is a midsized detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £461,649. It was last sold for £365,000 in November 2019, which was around 13% above the average November 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

53 PALMERS ROAD Sold Prices

Land registry data shows four sales for 53 PALMERS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 53 PALMERS 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
2019 15 NOV	£365,000	£321,884	13% above HPI
2019 30 AUG	£365,000	£319,511	14% above HPI
2001 9 MAY	£200,000	£130,635	53% above HPI
1997 13 JUN	£97,000	£75,834	28% above HPI

53 PALMERS 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 four 53 PALMERS ROAD sales between June 1997 and November 2019 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 August 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 53 PALMERS ROAD be worth now?

53 PALMERS ROAD might now be worth an estimated £461,649.

This is based on house price inflation of 26.5%, between November 2019 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 53 PALMERS ROAD of £365,000 on 15th November 2019. For the value to have increased from £365,000 to £461,649 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 53 PALMERS ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 53 PALMERS ROAD has not materially changed since November 2019.

How Large is 53 PALMERS ROAD?

53 PALMERS ROAD is 111m² according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton, and where 53 PALMERS ROAD lies on this distribution: 57% of detached houses houses are smaller than 53 PALMERS ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Wootton.

53 PALMERS ROAD: Plot and Title Map

53 PALMERS ROAD sits on a plot of roughly 0.305 of an acre, or 1,235m². The below map shows the location of 53 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 53 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.

Where is 53 PALMERS ROAD?

53 PALMERS ROAD is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 53 on PALMERS ROAD.