OLLIES NEST, WESTON ROAD, TOTLAND BAY, PO39 0HA - £303,500

OLLIES NEST is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £303,500 in February 2018, which was around 1% below the average February 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

OLLIES NEST Sold Prices

Land registry data shows three sales for OLLIES NEST 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. Two of the three OLLIES NEST sales were for below the average price, whilst one was 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
2018 16 FEB	£303,500	£307,887	1% below HPI
2016 2 AUG	£273,500	£293,810	7% below HPI
2001 2 NOV	£180,000	£146,015	23% above HPI

OLLIES NEST 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 OLLIES NEST sales between November 2001 and February 2018 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 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is OLLIES NEST?

OLLIES NEST is 93m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where OLLIES NEST lies on this distribution: 26% of detached houses are smaller than OLLIES NEST, and 72% of houses are larger. Note that EPC data is not available for all properties in Totland.

OLLIES NEST: Plot and Title Map

OLLIES NEST sits on a plot of roughly 0.424 of an acre, or 1,718m². The below map shows the location of OLLIES NEST, 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 OLLIES NEST). 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 OLLIES NEST?

OLLIES NEST is located on WESTON ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of OLLIES NEST on WESTON ROAD.