FERNBANK, RED ROAD, WOOTTON BRIDGE, RYDE, PO33 4PW - £350,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

FERNBANK is a small extended semi-detached house of 82m², built sometime before 1900. It was last sold for £350,000 in March 2021, which was around 4% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

FERNBANK Sold Prices

Land registry data shows two sales for FERNBANK 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 FERNBANK 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 17 MAR	£350,000	£364,254	4% below HPI
2018 29 JUN	£103,000	£311,374	67% below HPI

FERNBANK 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 FERNBANK sales from June 2018 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 June 2018 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the March 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FERNBANK?

FERNBANK is 82m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where FERNBANK lies on this distribution: 31% of detached houses are smaller than FERNBANK, and 68% of houses are larger. Note that EPC data is not available for all properties in Wootton.

FERNBANK: Plot and Title Map

FERNBANK sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of FERNBANK, 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 FERNBANK). 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 FERNBANK?

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