HEATHERCOT, CRANMORE AVENUE, CRANMORE, YARMOUTH, PO41 0XR - £230,000

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

HEATHERCOT is a very small detached house of 68m², built sometime between 1900 and 1929. It was last sold for £230,000 in February 2014, which was around 11% below the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2012, where the current energy rating was F, and the potential energy rating was B.

HEATHERCOT Sold Prices

Land registry data shows two sales for HEATHERCOT 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 HEATHERCOT 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
2014 7 FEB	£230,000	£259,038	11% below HPI
2009 30 JAN	£210,000	£239,074	12% below HPI

HEATHERCOT 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 HEATHERCOT sales from January 2009 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 January 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is HEATHERCOT?

HEATHERCOT is 68m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cranmore, and where HEATHERCOT lies on this distribution: 15% of detached houses are smaller than HEATHERCOT, and 85% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

HEATHERCOT: Plot and Title Map

HEATHERCOT sits on a plot of roughly 0.972 of an acre, or 3,934m². The below map shows the location of HEATHERCOT, 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 HEATHERCOT). 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 HEATHERCOT?

HEATHERCOT is located on CRANMORE AVENUE in CRANMORE, in the PO41 postcode district. The below map shows the position of HEATHERCOT on CRANMORE AVENUE.