WYCHWOOD, WARLANDS LANE, SHALFLEET, NEWPORT, PO30 4NQ - £425,000

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

WYCHWOOD is a midsized extended detached house of 100m², built sometime between 2003 and 2006. It was last sold for £425,000 in December 2020, which was around 15% above the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

WYCHWOOD Sold Prices

Land registry data shows three sales for WYCHWOOD 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. All of the three WYCHWOOD 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
2020 7 DEC	£425,000	£368,126	15% above HPI
2004 17 SEP	£315,000	£229,384	37% above HPI
2002 20 DEC	£218,000	£184,364	18% above HPI

WYCHWOOD 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 WYCHWOOD sales between December 2002 and December 2020 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 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is WYCHWOOD?

WYCHWOOD is 100m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses in Shalfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Shalfleet, and where WYCHWOOD lies on this distribution: 51% of detached houses are smaller than WYCHWOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in Shalfleet.

WYCHWOOD: Plot and Title Map

WYCHWOOD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of WYCHWOOD, 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 WYCHWOOD). 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 WYCHWOOD?

WYCHWOOD is located on WARLANDS LANE in SHALFLEET, in the PO30 postcode district. The below map shows the position of WYCHWOOD on WARLANDS LANE.