THE LOFT, BARGE LANE, WOOTTON BRIDGE, RYDE, PO33 4LB - £410,000

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

THE LOFT is a large detached house of 177m², built sometime between 1967 and 1975. It was last sold for £410,000 in March 2021, which was around 13% above the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

THE LOFT Sold Prices

Land registry data shows three sales for THE LOFT 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 THE LOFT 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
2021 12 MAR	£410,000	£364,254	13% above HPI
2019 13 FEB	£340,000	£325,651	4% above HPI
2016 12 SEP	£250,000	£295,772	15% below HPI

THE LOFT 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 LOFT sales between September 2016 and March 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 February 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE LOFT?

THE LOFT is 177m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where THE LOFT lies on this distribution: 62% of detached houses are smaller than THE LOFT, and 38% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

THE LOFT: Plot and Title Map

THE LOFT sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of THE LOFT, 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 LOFT). 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 LOFT?

THE LOFT is located on BARGE LANE in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of THE LOFT on BARGE LANE.