DRUMOS, HAMSTEAD ROAD, CRANMORE, YARMOUTH, PO41 0YA - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

DRUMOS is a large extended detached house of 162m², built sometime between 1967 and 1975, which could now be worth an estimated £610,008. It was last sold for £400,000 in August 2014, which was around 54% above the average August 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

DRUMOS Sold Prices

Land registry data shows two sales for DRUMOS 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 DRUMOS 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
2014 21 AUG	£400,000	£260,076	54% above HPI
2000 12 OCT	£231,500	£125,073	85% above HPI

DRUMOS 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 DRUMOS sales from October 2000 and August 2014 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 October 2000 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2014 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might DRUMOS be worth now?

DRUMOS might now be worth an estimated £610,008.

This is based on house price inflation of 52.5%, between August 2014 and July 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.5% inflationary increase is applied to the most recent sale price for DRUMOS of £400,000 on 21st August 2014. For the value to have increased from £400,000 to £610,008 over the eleven years and one month to July 2025, the following assumptions must hold true:

• The value of DRUMOS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2014 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of DRUMOS has not materially changed since August 2014.

How Large is DRUMOS?

DRUMOS is 162m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses houses in Cranmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranmore, and where DRUMOS lies on this distribution: 73% of detached houses houses are smaller than DRUMOS, and 27% of houses are larger. Note that EPC data is not available for all properties in Cranmore.

DRUMOS: Plot and Title Map

DRUMOS sits on a plot of roughly 1.1 acres, or 4,556m². The below map shows the location of DRUMOS, 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 DRUMOS). 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 DRUMOS?

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