IVY COTTAGE, GAGGERHILL LANE, BRIGHSTONE, NEWPORT, PO30 4DX - £450,000

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

IVY COTTAGE is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £450,000 in September 2021, which was around 21% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was D.

IVY COTTAGE Sold Prices

Land registry data shows four sales for IVY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four IVY COTTAGE 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
2021 22 SEP	£450,000	£372,037	21% above HPI
2011 28 JUN	£350,000	£251,171	39% above HPI
2002 18 SEP	£198,000	£175,887	13% above HPI
2000 24 JUL	£129,950	£123,462	5% above HPI

IVY 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 four IVY COTTAGE sales between July 2000 and September 2021 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 June 2011 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in May 2021. 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 IVY COTTAGE lies on this distribution: 40% of detached houses are smaller than IVY COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of IVY 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 IVY 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 IVY COTTAGE?

IVY COTTAGE is located on GAGGERHILL LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of IVY COTTAGE on GAGGERHILL LANE.