LARKS MEAD, FIRESTONE COPSE ROAD, WOOTTON BRIDGE, RYDE, PO33 4LQ - £426,000

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

LARKS MEAD is a very small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £426,000 in April 2019, which was around 31% above the average April 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

LARKS MEAD Sold Prices

Land registry data shows three sales for LARKS MEAD 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. Two of the three LARKS MEAD sales were for above the average price, whilst one 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
2019 26 APR	£426,000	£325,120	31% above HPI
2011 8 JUL	£250,000	£251,934	1% below HPI
2000 25 JAN	£150,000	£109,443	37% above HPI

LARKS MEAD 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 LARKS MEAD sales between January 2000 and April 2019 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 July 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2019 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is LARKS MEAD?

LARKS MEAD is 112m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where LARKS MEAD lies on this distribution: 16% of detached houses are smaller than LARKS MEAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

LARKS MEAD: Plot and Title Map

LARKS MEAD sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of LARKS MEAD, 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 LARKS MEAD). 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 LARKS MEAD?

LARKS MEAD is located on FIRESTONE COPSE ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of LARKS MEAD on FIRESTONE COPSE ROAD.