48, CLARENCE ROAD, WROXALL, VENTNOR, PO38 3BY - £245,000

48 CLARENCE ROAD is a very large extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £245,000 in September 2016, which was around 17% below the average September 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

48 CLARENCE ROAD Sold Prices

Land registry data shows two sales for 48 CLARENCE ROAD 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 48 CLARENCE ROAD 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 1 SEP	£245,000	£295,772	17% below HPI
1998 17 AUG	£72,000	£90,144	20% below HPI

48 CLARENCE ROAD 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 48 CLARENCE ROAD sales from August 1998 and September 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 August 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 48 CLARENCE ROAD?

48 CLARENCE ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Wroxall, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxall, and where 48 CLARENCE ROAD lies on this distribution: 84% of detached houses are smaller than 48 CLARENCE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

48 CLARENCE ROAD: Plot and Title Map

48 CLARENCE ROAD sits on a plot of roughly 0.383 of an acre, or 1,550m². The below map shows the location of 48 CLARENCE ROAD, 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 48 CLARENCE ROAD). 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 48 CLARENCE ROAD?

48 CLARENCE ROAD is located in WROXALL, in the PO38 postcode district. The below map shows the position of No. 48 on CLARENCE ROAD.