16, GOLDINGS WAY, FRESHWATER, PO40 9NW - £222,000

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

16 GOLDINGS WAY is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £222,000 in March 2012, which was around 10% below the average March 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

16 GOLDINGS WAY Sold Prices

Land registry data shows three sales for 16 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 16 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
2012 2 MAR	£222,000	£246,156	10% below HPI
2006 27 JUL	£220,000	£247,337	11% below HPI
2002 20 DEC	£155,000	£184,364	16% below HPI

16 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 16 GOLDINGS WAY sales between December 2002 and March 2012 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 GOLDINGS WAY?

16 GOLDINGS WAY is 69m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 16 GOLDINGS WAY lies on this distribution: 17% of detached houses are smaller than 16 GOLDINGS WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

16 GOLDINGS WAY: Plot and Title Map

16 GOLDINGS WAY sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 16 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 16 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 16 GOLDINGS WAY?

16 GOLDINGS WAY is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 16 on GOLDINGS WAY.