12, MARTINE CLOSE, FRESHWATER, PO40 9ND - £192,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 MARTINE CLOSE is a very small semi-detached house of 86m², built sometime between 1976 and 1982. It was last sold for £192,500 in April 2024, which was around 51% below the average April 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

12 MARTINE CLOSE Sold Prices

Land registry data shows two sales for 12 MARTINE 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 12 MARTINE CLOSE 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
2024 3 APR	£192,500	£395,047	51% below HPI
2000 29 SEP	£85,000	£126,104	33% below HPI

12 MARTINE 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 12 MARTINE CLOSE sales from September 2000 and April 2024 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 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 12 MARTINE CLOSE?

12 MARTINE CLOSE is 86m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 20% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where 12 MARTINE CLOSE lies on this distribution: 16% of detached houses are smaller than 12 MARTINE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Colwell.

12 MARTINE CLOSE: Plot and Title Map

12 MARTINE CLOSE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 12 MARTINE 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 12 MARTINE 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 12 MARTINE CLOSE?

12 MARTINE CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 12 on MARTINE CLOSE.