STONECOT, STATION ROAD, NINGWOOD, YARMOUTH, PO41 0TQ - £520,000

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

STONECOT is a large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £520,000 in June 2023, which was around 21% above the average June 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

STONECOT Sold Prices

Land registry data shows three sales for STONECOT 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 STONECOT 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
2023 13 JUN	£520,000	£429,262	21% above HPI
2020 28 JAN	£385,000	£331,916	16% above HPI
1998 27 AUG	£87,000	£90,144	3% below HPI

STONECOT 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 STONECOT sales between August 1998 and June 2023 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 January 2020 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is STONECOT?

STONECOT is 157m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Ningwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ningwood, and where STONECOT lies on this distribution: 75% of detached houses are smaller than STONECOT, and 21% of houses are larger. Note that EPC data is not available for all properties in Ningwood.

STONECOT: Plot and Title Map

STONECOT sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of STONECOT, 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 STONECOT). 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 STONECOT?

STONECOT is located on STATION ROAD in NINGWOOD, in the PO41 postcode district. The below map shows the position of STONECOT on STATION ROAD.