68, PALMERS ROAD, WOOTTON BRIDGE, RYDE, PO33 4NE - £565,000

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

68 PALMERS ROAD is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £565,000 in October 2023, which was around 34% above the average October 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

68 PALMERS ROAD Sold Prices

Land registry data shows four sales for 68 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 68 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
2023 11 OCT	£565,000	£422,801	34% above HPI
2017 1 FEB	£385,000	£295,207	30% above HPI
2007 20 SEP	£339,000	£270,242	25% above HPI
2003 17 DEC	£240,000	£208,499	15% above HPI

68 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 68 PALMERS ROAD sales between December 2003 and October 2023 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 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 68 PALMERS ROAD?

68 PALMERS ROAD is 135m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 68 PALMERS ROAD lies on this distribution: 78% of detached houses are smaller than 68 PALMERS ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Wootton.

68 PALMERS ROAD: Plot and Title Map

68 PALMERS ROAD sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of 68 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 68 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 68 PALMERS ROAD?

68 PALMERS ROAD is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 68 on PALMERS ROAD.