ORCHARD COTTAGE, BROCKS COPSE ROAD, WOOTTON BRIDGE, RYDE, PO33 4NP - £562,500

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.

ORCHARD COTTAGE is a midsized terraced house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £599,289. It was last sold for £562,500 in June 2021, which was around 188% above the average June 2021 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

ORCHARD COTTAGE Sold Prices

Land registry data shows four sales for ORCHARD COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the four ORCHARD COTTAGE 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
2021 24 JUN	£562,500	£195,389	188% above HPI
2016 23 SEP	£425,000	£155,402	173% above HPI
2013 28 JUN	£395,000	£133,777	195% above HPI
2011 19 MAY	£385,000	£133,153	189% above HPI

ORCHARD COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The four ORCHARD COTTAGE sales between May 2011 and June 2021 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 September 2016 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the June 2021 sale, where it rises to 188% above the HPI. The line then continues to track at 188% above the HPI.

What might ORCHARD COTTAGE be worth now?

ORCHARD COTTAGE might now be worth an estimated £599,289.

This is based on house price inflation of 6.5%, between June 2021 and June 2025, for terraced 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 6.5% inflationary increase is applied to the most recent sale price for ORCHARD COTTAGE of £562,500 on 24th June 2021. For the value to have increased from £562,500 to £599,289 over the four years to June 2025, the following assumptions must hold true:

• The value of ORCHARD COTTAGE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The June 2021 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD COTTAGE has not materially changed since June 2021.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 110m² according to the EPC inspection conducted in November 2010. This puts it in the largest 50% of terraced houses houses in Wootton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wootton, and where ORCHARD COTTAGE lies on this distribution: 57% of terraced houses houses are smaller than ORCHARD COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wootton.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.641 of an acre, or 2,593m². The below map shows the location of ORCHARD COTTAGE, 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 ORCHARD COTTAGE). 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on BROCKS COPSE ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of ORCHARD COTTAGE on BROCKS COPSE ROAD.