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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 PALMERS ROAD is a midsized detached house of 111m², built sometime between 1967 and 1975. It was last sold for £365,000 in November 2019, which was around 11% 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	£328,737	11% above HPI
2019 30 AUG	£365,000	£326,313	12% above HPI
2001 9 MAY	£200,000	£133,416	50% above HPI
1997 13 JUN	£97,000	£77,449	25% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

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 in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 53 PALMERS ROAD lies on this distribution: 57% of detached 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.