SOUTHFIELDS, PARK ROAD, WOOTTON BRIDGE, RYDE, PO33 4RL - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SOUTHFIELDS is a very large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £649,310. It was last sold for £600,000 in October 2021, which was around 59% above the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

SOUTHFIELDS Sold Prices

Land registry data shows three sales for SOUTHFIELDS 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 SOUTHFIELDS 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 OCT	£600,000	£376,199	59% above HPI
2020 14 FEB	£499,950	£324,297	54% above HPI
2019 15 FEB	£477,500	£318,863	50% above HPI

SOUTHFIELDS 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 SOUTHFIELDS sales between February 2019 and October 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 February 2020 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2021 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might SOUTHFIELDS be worth now?

SOUTHFIELDS might now be worth an estimated £649,310.

This is based on house price inflation of 8.2%, between October 2021 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for SOUTHFIELDS of £600,000 on 22nd October 2021. For the value to have increased from £600,000 to £649,310 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of SOUTHFIELDS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHFIELDS has not materially changed since October 2021.

How Large is SOUTHFIELDS?

SOUTHFIELDS is 183m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wootton, and where SOUTHFIELDS lies on this distribution: 92% of detached houses houses are smaller than SOUTHFIELDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Wootton.

SOUTHFIELDS: Plot and Title Map

SOUTHFIELDS sits on a plot of roughly 0.258 of an acre, or 1,043m². The below map shows the location of SOUTHFIELDS, 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 SOUTHFIELDS). 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 SOUTHFIELDS?

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