WOODFIELD, FARRIERS WAY, SHORWELL, NEWPORT, PO30 3JP - £282,000

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

WOODFIELD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £282,000 in August 2015, which was around 1% above the average August 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

WOODFIELD Sold Prices

Land registry data shows two sales for WOODFIELD 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. One of the two WOODFIELD sales was for above the average price, whilst the other 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
2015 18 AUG	£282,000	£279,826	1% above HPI
2013 28 JAN	£208,000	£247,476	16% below HPI

WOODFIELD 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 WOODFIELD sales from January 2013 and August 2015 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 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is WOODFIELD?

WOODFIELD is 70m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where WOODFIELD lies on this distribution: 2% of detached houses are smaller than WOODFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

WOODFIELD: Plot and Title Map

WOODFIELD sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of WOODFIELD, 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 WOODFIELD). 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 WOODFIELD?

WOODFIELD is located on FARRIERS WAY in SHORWELL, in the PO30 postcode district. The below map shows the position of WOODFIELD on FARRIERS WAY.