4, NORMAN WAY, WOOTTON BRIDGE, RYDE, PO33 4NJ - £243,000

4 NORMAN WAY is a small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £243,000 in August 2016, which was around 17% below the average August 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

4 NORMAN WAY Sold Prices

Land registry data shows three sales for 4 NORMAN WAY 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 4 NORMAN WAY sales were 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
2016 19 AUG	£243,000	£293,810	17% below HPI
2015 5 JAN	£245,000	£268,058	9% below HPI
2012 3 FEB	£190,000	£246,754	23% below HPI

4 NORMAN WAY 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 4 NORMAN WAY sales between February 2012 and August 2016 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 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 NORMAN WAY?

4 NORMAN WAY is 79m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 4 NORMAN WAY lies on this distribution: 28% of detached houses are smaller than 4 NORMAN WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Wootton.

4 NORMAN WAY: Plot and Title Map

4 NORMAN WAY sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 4 NORMAN WAY, 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 4 NORMAN WAY). 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 4 NORMAN WAY?

4 NORMAN WAY is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 4 on NORMAN WAY.