1, GOLDINGS WAY, FRESHWATER, PO40 9NN - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GOLDINGS WAY is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2017, which was around 25% below the average November 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

1 GOLDINGS WAY Sold Prices

Land registry data shows three sales for 1 GOLDINGS WAY 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 1 GOLDINGS WAY sales were 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
2017 17 NOV	£230,000	£308,199	25% below HPI
2001 5 NOV	£134,000	£146,015	8% below HPI
1995 3 NOV	£60,000	£68,411	12% below HPI

1 GOLDINGS WAY 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 1 GOLDINGS WAY sales between November 1995 and November 2017 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 November 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 GOLDINGS WAY?

1 GOLDINGS WAY is 61m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 1 GOLDINGS WAY lies on this distribution: 8% of detached houses are smaller than 1 GOLDINGS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

1 GOLDINGS WAY: Plot and Title Map

1 GOLDINGS WAY sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 1 GOLDINGS WAY, 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 1 GOLDINGS WAY). 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 1 GOLDINGS WAY?

1 GOLDINGS WAY is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 1 on GOLDINGS WAY.