19, REDLAKE ROAD, FRESHWATER, PO40 9DD - £224,500

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.

19 REDLAKE ROAD is a small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £315,816. It was last sold for £224,500 in January 2017, which was around 22% below the average January 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

19 REDLAKE ROAD Sold Prices

Land registry data shows five sales for 19 REDLAKE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 19 REDLAKE 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
2017 30 JAN	£224,500	£289,401	22% below HPI
2016 5 FEB	£210,000	£281,420	25% below HPI
2001 10 MAY	£89,950	£130,635	31% below HPI
1999 14 MAY	£59,950	£95,680	37% below HPI
1996 10 DEC	£53,000	£69,728	24% below HPI

19 REDLAKE 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 five 19 REDLAKE ROAD sales between December 1996 and January 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 February 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 19 REDLAKE ROAD be worth now?

19 REDLAKE ROAD might now be worth an estimated £315,816.

This is based on house price inflation of 40.7%, between January 2017 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 40.7% inflationary increase is applied to the most recent sale price for 19 REDLAKE ROAD of £224,500 on 30th January 2017. For the value to have increased from £224,500 to £315,816 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 19 REDLAKE ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2017 sale price of £224,500 represented a fair market value for the property.
• The size, condition, and specification of 19 REDLAKE ROAD has not materially changed since January 2017.

How Large is 19 REDLAKE ROAD?

19 REDLAKE ROAD is 72m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 19 REDLAKE ROAD lies on this distribution: 22% of detached houses houses are smaller than 19 REDLAKE ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

19 REDLAKE ROAD: Plot and Title Map

19 REDLAKE ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 19 REDLAKE 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 19 REDLAKE 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 19 REDLAKE ROAD?

19 REDLAKE ROAD is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 19 on REDLAKE ROAD.