DRUMOS, HAMSTEAD ROAD, CRANMORE, YARMOUTH, PO41 0YA - £400,000

DRUMOS is a large extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £400,000 in August 2014, which was around 51% above the average August 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

DRUMOS Sold Prices

Land registry data shows two sales for DRUMOS 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 DRUMOS 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
2014 21 AUG	£400,000	£265,613	51% above HPI
2000 12 OCT	£231,500	£127,735	81% above HPI

DRUMOS 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 DRUMOS sales from October 2000 and August 2014 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 2000 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the August 2014 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is DRUMOS?

DRUMOS is 162m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 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 DRUMOS lies on this distribution: 75% of detached houses are smaller than DRUMOS, and 25% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

DRUMOS: Plot and Title Map

DRUMOS sits on a plot of roughly 1.1 acres, or 4,556m². The below map shows the location of DRUMOS, 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 DRUMOS). 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 DRUMOS?

DRUMOS is located on HAMSTEAD ROAD in CRANMORE, in the PO41 postcode district. The below map shows the position of DRUMOS on HAMSTEAD ROAD.