GRAND PRE, MAIN ROAD, PORCHFIELD, NEWPORT, PO30 4LW - £370,000

GRAND PRE is a very large extended detached house of 165m², built sometime between 1976 and 1982. It was last sold for £370,000 in March 2019, which was around 14% above the average March 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

GRAND PRE Sold Prices

Land registry data shows two sales for GRAND PRE 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 GRAND PRE 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
2019 15 MAR	£370,000	£324,062	14% above HPI
1996 30 AUG	£60,000	£70,804	15% below HPI

GRAND PRE 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 GRAND PRE sales from August 1996 and March 2019 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is GRAND PRE?

GRAND PRE is 165m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Porchfield, based on EPC data. The below chart shows the distribution of detached houses by size in Porchfield, and where GRAND PRE lies on this distribution: 83% of detached houses are smaller than GRAND PRE, and 17% of houses are larger. Note that EPC data is not available for all properties in Porchfield.

GRAND PRE: Plot and Title Map

GRAND PRE sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of GRAND PRE, 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 GRAND PRE). 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 GRAND PRE?

GRAND PRE is located on MAIN ROAD in PORCHFIELD, in the PO30 postcode district. The below map shows the position of GRAND PRE on MAIN ROAD.