NIRVANA, HAMSTEAD ROAD, CRANMORE, YARMOUTH, PO41 0YB - £485,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

NIRVANA is a very large extended detached house of 240m², built sometime between 1996 and 2002. It was last sold for £485,000 in February 2017, which was around 64% above the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

NIRVANA Sold Prices

Land registry data shows four sales for NIRVANA 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 NIRVANA 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
2017 10 FEB	£485,000	£295,207	64% above HPI
2014 24 APR	£440,000	£262,645	68% above HPI
2004 30 JAN	£335,000	£209,766	60% above HPI
1996 6 FEB	£120,000	£71,641	68% above HPI

NIRVANA 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 NIRVANA sales between February 1996 and February 2017 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 April 2014 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2017 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is NIRVANA?

NIRVANA is 240m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cranmore, and where NIRVANA lies on this distribution: 94% of detached houses are smaller than NIRVANA, and 6% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

NIRVANA: Plot and Title Map

NIRVANA sits on a plot of roughly 0.787 of an acre, or 3,184m². The below map shows the location of NIRVANA, 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 NIRVANA). 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 NIRVANA?

NIRVANA is located on HAMSTEAD ROAD in CRANMORE, in the PO41 postcode district. The below map shows the position of NIRVANA on HAMSTEAD ROAD.