2, BELMONT COTTAGES, AVENUE ROAD, FRESHWATER, PO40 9UT - £145,000

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

2 BELMONT COTTAGES is a very small extended semi-detached house of 62m², built sometime before 1900. It was last sold for £145,000 in July 2017, which was around 52% below the average July 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2010, where the current energy rating was E, and the potential energy rating was D.

2 BELMONT COTTAGES Sold Prices

Land registry data shows four sales for 2 BELMONT COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 2 BELMONT COTTAGES 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 21 JUL	£145,000	£301,332	52% below HPI
2011 12 MAY	£103,000	£249,829	59% below HPI
2010 30 APR	£110,000	£254,018	57% below HPI
2004 24 SEP	£145,000	£229,384	37% below HPI

2 BELMONT COTTAGES 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 four 2 BELMONT COTTAGES sales between September 2004 and July 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 May 2011 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the July 2017 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 BELMONT COTTAGES?

2 BELMONT COTTAGES is 62m², which includes one extension, according to the EPC inspection conducted in December 2010. 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 2 BELMONT COTTAGES lies on this distribution: 9% of detached houses are smaller than 2 BELMONT COTTAGES, and 91% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

2 BELMONT COTTAGES: Plot and Title Map

2 BELMONT COTTAGES sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 BELMONT COTTAGES, 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 2 BELMONT COTTAGES). 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 2 BELMONT COTTAGES?

2 BELMONT COTTAGES is located on AVENUE ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of 2 BELMONT COTTAGES on AVENUE ROAD.