DOWNSVIEW, CRANMORE AVENUE, CRANMORE, YARMOUTH, PO41 0XR - £172,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

DOWNSVIEW is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £172,000 in June 2002, which was around 6% above the average June 2002 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was F.

DOWNSVIEW Sold Prices

Land registry data shows two sales for DOWNSVIEW 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. One of the two DOWNSVIEW sales was for above the average price, whilst the other was 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
2002 20 JUN	£172,000	£162,028	6% above HPI
1998 21 SEP	£85,000	£92,265	8% below HPI

DOWNSVIEW 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 DOWNSVIEW sales from September 1998 and June 2002 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2002 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is DOWNSVIEW?

DOWNSVIEW is 89m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% of detached houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cranmore, and where DOWNSVIEW lies on this distribution: 27% of detached houses are smaller than DOWNSVIEW, and 73% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

DOWNSVIEW: Plot and Title Map

DOWNSVIEW sits on a plot of roughly 1.2 acres, or 4,797m². The below map shows the location of DOWNSVIEW, 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 DOWNSVIEW). 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 DOWNSVIEW?

DOWNSVIEW is located on CRANMORE AVENUE in CRANMORE, in the PO41 postcode district. The below map shows the position of DOWNSVIEW on CRANMORE AVENUE.