THE BUNGALOW, GRAEME ROAD, NORTON, YARMOUTH, PO41 0RX - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE BUNGALOW is a midsized detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £478,495. It was last sold for £350,000 in April 2017, which was around 19% above the average April 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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. The three THE BUNGALOW sales were a mix of above the average price, and 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
2017 7 APR	£350,000	£293,369	19% above HPI
2004 15 OCT	£295,000	£232,683	27% above HPI
1997 29 SEP	£80,000	£79,619	Close to HPI

THE BUNGALOW 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 THE BUNGALOW sales between September 1997 and April 2017 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 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 2017 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £478,495.

This is based on house price inflation of 36.7%, between April 2017 and December 2024, 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 36.7% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £350,000 on 7th April 2017. For the value to have increased from £350,000 to £478,495 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since April 2017.

How Large is THE BUNGALOW?

THE BUNGALOW is 109m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where THE BUNGALOW lies on this distribution: 45% of detached houses houses are smaller than THE BUNGALOW, and 52% of houses are larger. Note that EPC data is not available for all properties in Norton.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.287 of an acre, or 1,161m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on GRAEME ROAD in NORTON, in the PO41 postcode district. The below map shows the position of THE BUNGALOW on GRAEME ROAD.