CEWOOD HOUSE, NINGWOOD HILL, CRANMORE, YARMOUTH, PO41 0XP - £640,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CEWOOD HOUSE is a very large detached house of 236m², built sometime between 2003 and 2006, which could now be worth an estimated £765,369. It was last sold for £640,000 in September 2020, which was around 90% above the average September 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

CEWOOD HOUSE Sold Prices

Land registry data shows two sales for CEWOOD HOUSE 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. Both of the two CEWOOD HOUSE 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
2020 11 SEP	£640,000	£336,731	90% above HPI
2015 3 JUN	£610,000	£268,428	127% above HPI

CEWOOD HOUSE 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 CEWOOD HOUSE sales from June 2015 and September 2020 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 June 2015 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the September 2020 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might CEWOOD HOUSE be worth now?

CEWOOD HOUSE might now be worth an estimated £765,369.

This is based on house price inflation of 19.6%, between September 2020 and March 2025, for 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 19.6% inflationary increase is applied to the most recent sale price for CEWOOD HOUSE of £640,000 on 11th September 2020. For the value to have increased from £640,000 to £765,369 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of CEWOOD HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2020 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of CEWOOD HOUSE has not materially changed since September 2020.

How Large is CEWOOD HOUSE?

CEWOOD HOUSE is 236m² according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranmore, and where CEWOOD HOUSE lies on this distribution: 90% of detached houses houses are smaller than CEWOOD HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

CEWOOD HOUSE: Plot and Title Map

CEWOOD HOUSE sits on a plot of roughly 0.769 of an acre, or 3,111m². The below map shows the location of CEWOOD HOUSE, 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 CEWOOD HOUSE). 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 CEWOOD HOUSE?

CEWOOD HOUSE is located on NINGWOOD HILL in CRANMORE, in the PO41 postcode district. The below map shows the position of CEWOOD HOUSE on NINGWOOD HILL.