GLADESWOOD, CORVE HILL, SHORWELL, NEWPORT, PO30 3JR - £310,000

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

GLADESWOOD is a very small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £310,000 in July 2017, which was around 3% above the average July 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was A.

GLADESWOOD Sold Prices

Land registry data shows three sales for GLADESWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three GLADESWOOD 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
2017 28 JUL	£310,000	£301,332	3% above HPI
2007 10 DEC	£274,000	£269,770	2% above HPI
1996 31 OCT	£87,000	£71,010	23% above HPI

GLADESWOOD 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 three GLADESWOOD sales between October 1996 and July 2017 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 December 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is GLADESWOOD?

GLADESWOOD is 90m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where GLADESWOOD lies on this distribution: 15% of detached houses are smaller than GLADESWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

GLADESWOOD: Plot and Title Map

GLADESWOOD sits on a plot of roughly 0.276 of an acre, or 1,115m². The below map shows the location of GLADESWOOD, 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 GLADESWOOD). 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 GLADESWOOD?

GLADESWOOD is located on CORVE HILL in SHORWELL, in the PO30 postcode district. The below map shows the position of GLADESWOOD on CORVE HILL.