CRANMORE LODGE, NINGWOOD HILL, CRANMORE, YARMOUTH, PO41 0XW - £549,000

CRANMORE LODGE is a large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £549,000 in May 2021, which was around 50% above the average May 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

CRANMORE LODGE Sold Prices

Land registry data shows two sales for CRANMORE LODGE 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 CRANMORE LODGE 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
2021 14 MAY	£549,000	£365,654	50% above HPI
2002 12 JUL	£246,450	£167,707	47% above HPI

CRANMORE LODGE 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 CRANMORE LODGE sales from July 2002 and May 2021 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 July 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is CRANMORE LODGE?

CRANMORE LODGE is 152m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cranmore, and where CRANMORE LODGE lies on this distribution: 65% of detached houses are smaller than CRANMORE LODGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

CRANMORE LODGE: Plot and Title Map

CRANMORE LODGE sits on a plot of roughly 0.996 of an acre, or 4,032m². The below map shows the location of CRANMORE LODGE, 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 CRANMORE LODGE). 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 CRANMORE LODGE?

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