TREMORE COTTAGE, MAIN ROAD, SHORWELL, NEWPORT, PO30 3JL - £805,000

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.

TREMORE COTTAGE is a very large extended detached house of 181m², built sometime between 1996 and 2002, which could now be worth an estimated £779,613. It was last sold for £805,000 in July 2022, which was around 94% above the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

TREMORE COTTAGE Sold Prices

Land registry data shows five sales for TREMORE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five TREMORE COTTAGE 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
2022 21 JUL	£805,000	£415,806	94% above HPI
2020 22 OCT	£625,000	£344,934	81% above HPI
2018 19 DEC	£640,000	£314,209	104% above HPI
2004 15 JUN	£425,000	£216,466	96% above HPI
2000 22 MAR	£235,000	£110,409	113% above HPI

TREMORE COTTAGE 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 five TREMORE COTTAGE sales between March 2000 and July 2022 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 2020 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the July 2022 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might TREMORE COTTAGE be worth now?

TREMORE COTTAGE might now be worth an estimated £779,613.

This is based on house price deflation of 3.2%, between July 2022 and March 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 3.2% deflationary decrease is applied to the most recent sale price for TREMORE COTTAGE of £805,000 on 21st July 2022. For the value to have decreased from £805,000 to £779,613 over the three years and four months to March 2025, the following assumptions must hold true:

• The value of TREMORE COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2022 sale price of £805,000 represented a fair market value for the property.
• The size, condition, and specification of TREMORE COTTAGE has not materially changed since July 2022.

How Large is TREMORE COTTAGE?

TREMORE COTTAGE is 181m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shorwell, and where TREMORE COTTAGE lies on this distribution: 93% of detached houses houses are smaller than TREMORE COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

TREMORE COTTAGE: Plot and Title Map

TREMORE COTTAGE sits on a plot of roughly 0.569 of an acre, or 2,302m². The below map shows the location of TREMORE 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 TREMORE 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.

Where is TREMORE COTTAGE?

TREMORE COTTAGE is located on MAIN ROAD in SHORWELL, in the PO30 postcode district. The below map shows the position of TREMORE COTTAGE on MAIN ROAD.