8, FERNSIDE WAY, WOOTTON BRIDGE, RYDE, PO33 4QT - £550,000

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

8 FERNSIDE WAY is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £550,000 in July 2022, which was around 30% above the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

8 FERNSIDE WAY Sold Prices

Land registry data shows three sales for 8 FERNSIDE WAY 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 8 FERNSIDE WAY 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
2022 15 JUL	£550,000	£424,658	30% above HPI
2018 24 OCT	£308,000	£318,164	3% below HPI
2001 6 AUG	£166,000	£143,253	16% above HPI

8 FERNSIDE WAY 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 8 FERNSIDE WAY sales between August 2001 and July 2022 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 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 8 FERNSIDE WAY?

8 FERNSIDE WAY is 105m² according to the EPC inspection conducted in June 2018. 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 8 FERNSIDE WAY lies on this distribution: 50% of detached houses are smaller than 8 FERNSIDE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Wootton.

8 FERNSIDE WAY: Plot and Title Map

8 FERNSIDE WAY sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 8 FERNSIDE 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 8 FERNSIDE 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 8 FERNSIDE WAY?

8 FERNSIDE WAY is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 8 on FERNSIDE WAY.