GLEBELANDS, FARRIERS WAY, SHORWELL, NEWPORT, PO30 3JP - £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

GLEBELANDS is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £310,000 in February 2014, which was around 20% above the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

GLEBELANDS Sold Prices

Land registry data shows two sales for GLEBELANDS 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 GLEBELANDS 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 19 FEB	£310,000	£259,038	20% above HPI
2003 12 DEC	£230,000	£208,499	10% above HPI

GLEBELANDS 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 GLEBELANDS sales from December 2003 and February 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 December 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is GLEBELANDS?

GLEBELANDS is 117m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where GLEBELANDS lies on this distribution: 47% of detached houses are smaller than GLEBELANDS, and 53% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

GLEBELANDS: Plot and Title Map

GLEBELANDS sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of GLEBELANDS, 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 GLEBELANDS). 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 GLEBELANDS?

GLEBELANDS is located on FARRIERS WAY in SHORWELL, in the PO30 postcode district. The below map shows the position of GLEBELANDS on FARRIERS WAY.