58, PALMERS ROAD, WOOTTON BRIDGE, RYDE, PO33 4ND - £260,000

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

58 PALMERS ROAD is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £260,000 in July 2011, which was around 3% above the average July 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

58 PALMERS ROAD Sold Prices

Land registry data shows three sales for 58 PALMERS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 58 PALMERS ROAD sales were for above the average price, whilst one was 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
2011 15 JUL	£260,000	£251,934	3% above HPI
2007 30 AUG	£273,000	£263,269	4% above HPI
1995 18 JAN	£53,500	£70,791	24% below HPI

58 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 three 58 PALMERS ROAD sales between January 1995 and July 2011 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 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2011 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 58 PALMERS ROAD?

58 PALMERS ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in January 2011. 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 58 PALMERS ROAD lies on this distribution: 48% of detached houses are smaller than 58 PALMERS ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Wootton.

58 PALMERS ROAD: Plot and Title Map

58 PALMERS ROAD sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 58 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 58 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 58 PALMERS ROAD?

58 PALMERS ROAD is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 58 on PALMERS ROAD.