10, HEATHFIELD CLOSE, FRESHWATER, PO40 9SJ - £390,000

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.

10 HEATHFIELD CLOSE is a large detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £487,658. It was last sold for £390,000 in March 2020, which was around 20% above the average March 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

10 HEATHFIELD CLOSE Sold Prices

Land registry data shows two sales for 10 HEATHFIELD CLOSE 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. Both of the two 10 HEATHFIELD CLOSE 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
2020 2 MAR	£390,000	£325,587	20% above HPI
2002 3 DEC	£225,000	£180,521	25% above HPI

10 HEATHFIELD CLOSE 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 10 HEATHFIELD CLOSE sales from December 2002 and March 2020 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 December 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 10 HEATHFIELD CLOSE be worth now?

10 HEATHFIELD CLOSE might now be worth an estimated £487,658.

This is based on house price inflation of 25%, between March 2020 and February 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 25% inflationary increase is applied to the most recent sale price for 10 HEATHFIELD CLOSE of £390,000 on 2nd March 2020. For the value to have increased from £390,000 to £487,658 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 10 HEATHFIELD CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HEATHFIELD CLOSE has not materially changed since March 2020.

How Large is 10 HEATHFIELD CLOSE?

10 HEATHFIELD CLOSE is 128m² according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where 10 HEATHFIELD CLOSE lies on this distribution: 73% of detached houses houses are smaller than 10 HEATHFIELD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

10 HEATHFIELD CLOSE: Plot and Title Map

10 HEATHFIELD CLOSE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 10 HEATHFIELD CLOSE, 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 10 HEATHFIELD CLOSE). 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 10 HEATHFIELD CLOSE?

10 HEATHFIELD CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 10 on HEATHFIELD CLOSE.