CULVERTON, ALVERSTONE ROAD, QUEEN BOWER, SANDOWN, PO36 0LB - £310,000

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.

CULVERTON is a small detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £350,120. It was last sold for £310,000 in August 2021, which was around 14% below the average August 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

CULVERTON Sold Prices

Land registry data shows two sales for CULVERTON 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 CULVERTON 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 4 AUG	£310,000	£360,465	14% below HPI
2010 14 OCT	£185,000	£253,296	27% below HPI

CULVERTON 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 CULVERTON sales from October 2010 and August 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 October 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might CULVERTON be worth now?

CULVERTON might now be worth an estimated £350,120.

This is based on house price inflation of 12.9%, between August 2021 and February 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 12.9% inflationary increase is applied to the most recent sale price for CULVERTON of £310,000 on 4th August 2021. For the value to have increased from £310,000 to £350,120 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of CULVERTON has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of CULVERTON has not materially changed since August 2021.

How Large is CULVERTON?

CULVERTON is 98m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in Winford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winford, and where CULVERTON lies on this distribution: 38% of detached houses houses are smaller than CULVERTON, and 60% of houses are larger. Note that EPC data is not available for all properties in Winford.

CULVERTON: Plot and Title Map

CULVERTON sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of CULVERTON, 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 CULVERTON). 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 CULVERTON?

CULVERTON is located on ALVERSTONE ROAD in QUEEN BOWER, in the PO36 postcode district. The below map shows the position of CULVERTON on ALVERSTONE ROAD.