7, NORMAN WAY, WOOTTON BRIDGE, RYDE, PO33 4NJ - £207,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 NORMAN WAY is a small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £321,840. It was last sold for £207,500 in May 2014, which was around 14% above the average May 2014 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was D.

7 NORMAN WAY Sold Prices

Land registry data shows three sales for 7 NORMAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 7 NORMAN WAY 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
2014 12 MAY	£207,500	£181,340	14% above HPI
1999 14 OCT	£95,000	£66,650	43% above HPI
1997 24 JAN	£55,000	£46,990	17% above HPI

7 NORMAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 7 NORMAN WAY sales between January 1997 and May 2014 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 October 1999 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 7 NORMAN WAY be worth now?

7 NORMAN WAY might now be worth an estimated £321,840.

This is based on house price inflation of 55.1%, between May 2014 and December 2024, for semi-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 55.1% inflationary increase is applied to the most recent sale price for 7 NORMAN WAY of £207,500 on 12th May 2014. For the value to have increased from £207,500 to £321,840 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 7 NORMAN WAY has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 2014 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 7 NORMAN WAY has not materially changed since May 2014.

How Large is 7 NORMAN WAY?

7 NORMAN WAY is 84m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of semi-detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wootton, and where 7 NORMAN WAY lies on this distribution: 34% of semi-detached houses houses are smaller than 7 NORMAN WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Wootton.

7 NORMAN WAY: Plot and Title Map

7 NORMAN WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 7 NORMAN WAY, 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 7 NORMAN WAY). 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 7 NORMAN WAY?

7 NORMAN WAY is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 7 on NORMAN WAY.