WARRENWOOD, GRANVILLE RISE, TOTLAND BAY, PO39 0DX - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WARRENWOOD is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £485,000 in June 2022, which was around 15% above the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

WARRENWOOD Sold Prices

Land registry data shows four sales for WARRENWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four WARRENWOOD 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 30 JUN	£485,000	£423,043	15% above HPI
2010 13 SEP	£270,000	£260,714	4% above HPI
1997 24 NOV	£96,000	£83,780	15% above HPI
1996 12 SEP	£90,000	£71,831	25% above HPI

WARRENWOOD 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 four WARRENWOOD sales between September 1996 and June 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 September 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is WARRENWOOD?

WARRENWOOD is 70m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where WARRENWOOD lies on this distribution: 6% of detached houses are smaller than WARRENWOOD, and 94% of houses are larger. Note that EPC data is not available for all properties in Totland.

WARRENWOOD: Plot and Title Map

WARRENWOOD sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of WARRENWOOD, 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 WARRENWOOD). 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 WARRENWOOD?

WARRENWOOD is located on GRANVILLE RISE in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of WARRENWOOD on GRANVILLE RISE.