THE LAURELS, WOODSIDE ROAD, WOOTTON BRIDGE, RYDE, PO33 4JR - £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 LAURELS is a very large detached house of 187m², built sometime between 1967 and 1975, which could now be worth an estimated £624,997. It was last sold for £350,000 in September 2004, which was around 56% above the average September 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two THE LAURELS 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
2004 7 SEP	£350,000	£224,602	56% above HPI
2003 26 MAR	£275,000	£183,378	50% above HPI

THE LAURELS 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 two THE LAURELS sales from March 2003 and September 2004 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 March 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2004 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £624,997.

This is based on house price inflation of 78.6%, between September 2004 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 78.6% inflationary increase is applied to the most recent sale price for THE LAURELS of £350,000 on 7th September 2004. For the value to have increased from £350,000 to £624,997 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2004 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since September 2004.

How Large is THE LAURELS?

THE LAURELS is 187m² according to the EPC inspection conducted in January 2023. 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 THE LAURELS lies on this distribution: 92% of detached houses houses are smaller than THE LAURELS, and 8% of houses are larger. Note that EPC data is not available for all properties in Wootton.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on WOODSIDE ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of THE LAURELS on WOODSIDE ROAD.