GROVE COTTAGE, MAIN ROAD, BRIGHSTONE, NEWPORT, PO30 4DJ - £510,000

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

GROVE COTTAGE is a small extended detached house of 84m², built sometime before 1900. It was last sold for £510,000 in July 2014, which was around 90% above the average July 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

GROVE COTTAGE Sold Prices

Land registry data shows two sales for GROVE COTTAGE 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. One of the two GROVE COTTAGE sales was for above the average price, whilst the other was 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
2014 28 JUL	£510,000	£267,928	90% above HPI
2002 23 MAY	£110,000	£158,527	31% below HPI

GROVE COTTAGE 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 GROVE COTTAGE sales from May 2002 and July 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 May 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2014 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is GROVE COTTAGE?

GROVE COTTAGE is 84m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses by size in Brighstone, and where GROVE COTTAGE lies on this distribution: 34% of detached houses are smaller than GROVE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

GROVE COTTAGE: Plot and Title Map

GROVE COTTAGE sits on a plot of roughly 0.430 of an acre, or 1,740m². The below map shows the location of GROVE COTTAGE, 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 GROVE COTTAGE). 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 GROVE COTTAGE?

GROVE COTTAGE is located on MAIN ROAD in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of GROVE COTTAGE on MAIN ROAD.