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
6 ORCHARD ROAD is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £355,000 in March 2021, which was around 3% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 6 ORCHARD ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 6 ORCHARD ROAD 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 |
---|---|---|---|
2021 19 MAR | £355,000 | £364,254 | 3% below HPI |
2013 5 FEB | £236,000 | £250,287 | 6% below HPI |
2006 28 MAR | £215,000 | £237,904 | 10% below HPI |
2003 3 NOV | £197,000 | £204,988 | 4% below HPI |
1999 28 OCT | £95,000 | £105,421 | 10% 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 five 6 ORCHARD ROAD sales between October 1999 and March 2021 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 February 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
6 ORCHARD ROAD is 87m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 6 ORCHARD ROAD lies on this distribution: 33% of detached houses are smaller than 6 ORCHARD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
6 ORCHARD ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 6 ORCHARD 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 6 ORCHARD 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.
6 ORCHARD ROAD is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 6 on ORCHARD ROAD.