WESTLANDS, SOLENT ROAD, CRANMORE, YARMOUTH, PO41 0XZ - £415,000

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

WESTLANDS is a small extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £415,000 in October 2007, which was around 52% above the average October 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2019, where the current energy rating was F, and the potential energy rating was B.

WESTLANDS Sold Prices

Land registry data shows two sales for WESTLANDS 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 WESTLANDS 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
2007 16 OCT	£415,000	£273,234	52% above HPI
2003 31 JAN	£265,000	£185,172	43% above HPI

WESTLANDS 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 WESTLANDS sales from January 2003 and October 2007 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 January 2003 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2007 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is WESTLANDS?

WESTLANDS is 116m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cranmore, and where WESTLANDS lies on this distribution: 40% of detached houses are smaller than WESTLANDS, and 58% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

WESTLANDS: Plot and Title Map

WESTLANDS sits on a plot of roughly 0.974 of an acre, or 3,942m². The below map shows the location of WESTLANDS, 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 WESTLANDS). 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 WESTLANDS?

WESTLANDS is located on SOLENT ROAD in CRANMORE, in the PO41 postcode district. The below map shows the position of WESTLANDS on SOLENT ROAD.