Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
THATCH COTTAGE is a large detached house of 102m², built sometime before 1900. It was last sold for £395,000 in February 2021, which was around 9% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for THATCH COTTAGE since 1st 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. One of the three THATCH COTTAGE sales was for above the average price, whilst two were 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 |
---|---|---|---|
2021 16 FEB | £395,000 | £363,833 | 9% above HPI |
2013 31 JAN | £230,000 | £247,476 | 7% below HPI |
2003 9 SEP | £190,000 | £198,537 | 4% below HPI |
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 THATCH COTTAGE sales between September 2003 and February 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 January 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
THATCH COTTAGE is 102m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Wroxall, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxall, and where THATCH COTTAGE lies on this distribution: 73% of detached houses are smaller than THATCH COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wroxall.
THATCH COTTAGE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of THATCH COTTAGE, 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 THATCH COTTAGE). 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.
THATCH COTTAGE is located on HIGH STREET in WROXALL, in the PO38 postcode district. The below map shows the position of THATCH COTTAGE on HIGH STREET.