PRIDINGS, SUMMERS LANE, TOTLAND BAY, PO39 0HL - £350,000

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

PRIDINGS is a large extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2015, which was around 31% above the average May 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

PRIDINGS Sold Prices

Land registry data shows three sales for PRIDINGS 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. All of the three PRIDINGS 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
2015 1 MAY	£350,000	£268,128	31% above HPI
2012 25 JUL	£292,000	£258,114	13% above HPI
1999 17 SEP	£163,000	£103,136	58% above HPI

PRIDINGS 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 PRIDINGS sales between September 1999 and May 2015 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 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2015 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is PRIDINGS?

PRIDINGS is 162m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where PRIDINGS lies on this distribution: 75% of detached houses are smaller than PRIDINGS, and 25% of houses are larger. Note that EPC data is not available for all properties in Totland.

PRIDINGS: Plot and Title Map

PRIDINGS sits on a plot of roughly 0.297 of an acre, or 1,201m². The below map shows the location of PRIDINGS, 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 PRIDINGS). 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 PRIDINGS?

PRIDINGS is located on SUMMERS LANE in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of PRIDINGS on SUMMERS LANE.