CRESSIDA, RED ROAD, WOOTTON BRIDGE, RYDE, PO33 4PQ - £220,000

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

CRESSIDA is a small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £220,000 in March 2021, which was around 40% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

CRESSIDA Sold Prices

Land registry data shows two sales for CRESSIDA 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 CRESSIDA sales were 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
2021 26 MAR	£220,000	£364,254	40% below HPI
2020 28 SEP	£212,000	£343,900	38% below HPI

CRESSIDA 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 CRESSIDA sales from September 2020 and March 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 September 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is CRESSIDA?

CRESSIDA is 81m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where CRESSIDA lies on this distribution: 29% of detached houses are smaller than CRESSIDA, and 69% of houses are larger. Note that EPC data is not available for all properties in Wootton.

CRESSIDA: Plot and Title Map

CRESSIDA sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of CRESSIDA, 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 CRESSIDA). 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 CRESSIDA?

CRESSIDA is located on RED ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of CRESSIDA on RED ROAD.