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

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

CRANMORE LODGE is a large extended detached house of 152m², built sometime between 1900 and 1929, which could now be worth an estimated £614,998. It was last sold for £549,000 in May 2021, which was around 53% 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	£358,032	53% above HPI
2002 12 JUL	£246,450	£164,211	50% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might CRANMORE LODGE be worth now?

CRANMORE LODGE might now be worth an estimated £614,998.

This is based on house price inflation of 12%, between May 2021 and December 2024, 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 12% inflationary increase is applied to the most recent sale price for CRANMORE LODGE of £549,000 on 14th May 2021. For the value to have increased from £549,000 to £614,998 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of CRANMORE LODGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2021 sale price of £549,000 represented a fair market value for the property.
• The size, condition, and specification of CRANMORE LODGE has not materially changed since May 2021.

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 houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranmore, and where CRANMORE LODGE lies on this distribution: 65% of detached houses 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.