CEDARWOOD COTTAGE, STATION ROAD, NINGWOOD, YARMOUTH, PO41 0TQ - £320,000

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

CEDARWOOD COTTAGE is a midsized detached house of 120m². It was last sold for £320,000 in August 2016, which was around 9% above the average August 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2010, where the current energy rating was B, and the potential energy rating was B.

CEDARWOOD COTTAGE Sold Prices

Land registry data shows two sales for CEDARWOOD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two CEDARWOOD COTTAGE sales was for above the average price, whilst the other 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
2016 30 AUG	£320,000	£293,810	9% above HPI
2007 20 MAR	£120,000	£258,789	54% below HPI

CEDARWOOD COTTAGE 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 two CEDARWOOD COTTAGE sales from March 2007 and August 2016 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 March 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is CEDARWOOD COTTAGE?

CEDARWOOD COTTAGE is 120m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Ningwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ningwood, and where CEDARWOOD COTTAGE lies on this distribution: 58% of detached houses are smaller than CEDARWOOD COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ningwood.

CEDARWOOD COTTAGE: Plot and Title Map

CEDARWOOD COTTAGE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of CEDARWOOD COTTAGE, 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 CEDARWOOD COTTAGE). 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 CEDARWOOD COTTAGE?

CEDARWOOD COTTAGE is located on STATION ROAD in NINGWOOD, in the PO41 postcode district. The below map shows the position of CEDARWOOD COTTAGE on STATION ROAD.