12, SELWOOD ROAD, FRESHWATER, PO40 9RG - £340,000

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

12 SELWOOD ROAD is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £340,000 in June 2022, which was around 20% below the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

12 SELWOOD ROAD Sold Prices

Land registry data shows three sales for 12 SELWOOD ROAD 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 12 SELWOOD ROAD 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
2022 17 JUN	£340,000	£423,043	20% below HPI
2002 31 JUL	£132,000	£167,707	21% below HPI
1997 3 OCT	£70,000	£82,804	15% below HPI

12 SELWOOD ROAD 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 12 SELWOOD ROAD sales between October 1997 and June 2022 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 July 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 SELWOOD ROAD?

12 SELWOOD ROAD is 62m² according to the EPC inspection conducted in February 2022. 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 12 SELWOOD ROAD lies on this distribution: 8% of detached houses are smaller than 12 SELWOOD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

12 SELWOOD ROAD: Plot and Title Map

12 SELWOOD ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 12 SELWOOD ROAD, 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 SELWOOD ROAD). 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 SELWOOD ROAD?

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