ROSEBANK, NEW ROAD, WOOTTON BRIDGE, RYDE, PO33 4HX - £325,000

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

ROSEBANK is a midsized detached house of 96m², built sometime between 1930 and 1949. It was last sold for £325,000 in October 2020, which was around 8% below the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

ROSEBANK Sold Prices

Land registry data shows two sales for ROSEBANK 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. One of the two ROSEBANK sales was for below the average price, whilst the other was roughly equal to 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
2020 23 OCT	£325,000	£352,278	8% below HPI
2004 2 APR	£213,000	£212,531	Close to HPI

ROSEBANK 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 ROSEBANK sales from April 2004 and October 2020 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 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is ROSEBANK?

ROSEBANK is 96m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where ROSEBANK lies on this distribution: 44% of detached houses are smaller than ROSEBANK, and 56% of houses are larger. Note that EPC data is not available for all properties in Wootton.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

ROSEBANK is located on NEW ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of ROSEBANK on NEW ROAD.