GRASMERE, GRAEME ROAD, NORTON, YARMOUTH, PO41 0RX - £282,000

GRASMERE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £282,000 in December 2014, which was around 4% above the average December 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

GRASMERE Sold Prices

Land registry data shows two sales for GRASMERE 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 GRASMERE 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
2014 18 DEC	£282,000	£269,910	4% above HPI
2011 30 MAR	£230,000	£255,993	10% below HPI

GRASMERE 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 GRASMERE sales from March 2011 and December 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 March 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is GRASMERE?

GRASMERE is 131m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where GRASMERE lies on this distribution: 65% of detached houses are smaller than GRASMERE, and 33% of houses are larger. Note that EPC data is not available for all properties in Norton.

GRASMERE: Plot and Title Map

GRASMERE sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of GRASMERE, 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 GRASMERE). 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 GRASMERE?

GRASMERE is located on GRAEME ROAD in NORTON, in the PO41 postcode district. The below map shows the position of GRASMERE on GRAEME ROAD.