STONEFOLD, HAMSTEAD ROAD, CRANMORE, YARMOUTH, PO41 0YA - £896,000

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.

STONEFOLD is a very large detached house of 211m², built sometime between 1996 and 2002, which could now be worth an estimated £969,636. It was last sold for £896,000 in October 2021, which was around 138% above the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

STONEFOLD Sold Prices

Land registry data shows four sales for STONEFOLD 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 STONEFOLD 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 26 OCT	£896,000	£376,199	138% above HPI
2012 4 OCT	£500,000	£247,752	102% above HPI
2005 1 NOV	£432,000	£236,913	82% above HPI
2001 27 JUN	£270,000	£131,972	105% above HPI

STONEFOLD 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 STONEFOLD sales between June 2001 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 October 2012 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the October 2021 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

What might STONEFOLD be worth now?

STONEFOLD might now be worth an estimated £969,636.

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 STONEFOLD of £896,000 on 26th October 2021. For the value to have increased from £896,000 to £969,636 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of STONEFOLD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2021 sale price of £896,000 represented a fair market value for the property.
• The size, condition, and specification of STONEFOLD has not materially changed since October 2021.

How Large is STONEFOLD?

STONEFOLD is 211m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranmore, and where STONEFOLD lies on this distribution: 88% of detached houses houses are smaller than STONEFOLD, and 13% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

STONEFOLD: Plot and Title Map

STONEFOLD sits on a plot of roughly 0.756 of an acre, or 3,060m². The below map shows the location of STONEFOLD, 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 STONEFOLD). 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 STONEFOLD?

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