LARKS MEAD, FIRESTONE COPSE ROAD, WOOTTON BRIDGE, RYDE, PO33 4LQ - £426,000

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.

LARKS MEAD is a very small detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £516,775. It was last sold for £426,000 in April 2019, which was around 34% above the average April 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

LARKS MEAD Sold Prices

Land registry data shows three sales for LARKS MEAD 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 LARKS MEAD 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
2019 26 APR	£426,000	£318,343	34% above HPI
2011 8 JUL	£250,000	£246,683	1% above HPI
2000 25 JAN	£150,000	£107,161	40% above HPI

LARKS MEAD 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 LARKS MEAD sales between January 2000 and April 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 July 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might LARKS MEAD be worth now?

LARKS MEAD might now be worth an estimated £516,775.

This is based on house price inflation of 21.3%, between April 2019 and June 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 21.3% inflationary increase is applied to the most recent sale price for LARKS MEAD of £426,000 on 26th April 2019. For the value to have increased from £426,000 to £516,775 over the five years and ten months to June 2025, the following assumptions must hold true:

• The value of LARKS MEAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2019 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of LARKS MEAD has not materially changed since April 2019.

How Large is LARKS MEAD?

LARKS MEAD is 112m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where LARKS MEAD lies on this distribution: 16% of detached houses houses are smaller than LARKS MEAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

LARKS MEAD: Plot and Title Map

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

LARKS MEAD is located on FIRESTONE COPSE ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of LARKS MEAD on FIRESTONE COPSE ROAD.