FLAGSTONES, GRAVEL PIT ROAD, WOOTTON BRIDGE, RYDE, PO33 4RB - £325,000

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

FLAGSTONES is a very large extended detached house of 290m², built sometime between 1983 and 1990. It was last sold for £325,000 in January 2001, which was around 142% above the average January 2001 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

FLAGSTONES Sold Prices

Land registry data shows two sales for FLAGSTONES 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 FLAGSTONES 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
2001 11 JAN	£325,000	£134,031	142% above HPI
1998 7 JUL	£229,000	£88,381	159% above HPI

FLAGSTONES 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 FLAGSTONES sales from July 1998 and January 2001 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 July 1998 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the January 2001 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is FLAGSTONES?

FLAGSTONES is 290m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where FLAGSTONES lies on this distribution: 99% of detached houses are smaller than FLAGSTONES, and 1% of houses are larger. Note that EPC data is not available for all properties in Wootton.

FLAGSTONES: Plot and Title Map

FLAGSTONES sits on a plot of roughly 0.314 of an acre, or 1,270m². The below map shows the location of FLAGSTONES, 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 FLAGSTONES). 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 FLAGSTONES?

FLAGSTONES is located on GRAVEL PIT ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of FLAGSTONES on GRAVEL PIT ROAD.