2, GOLDINGS WAY, FRESHWATER, PO40 9NN - £186,000

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.

2 GOLDINGS WAY is a small extended detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £302,147. It was last sold for £186,000 in May 2010, which was around 26% below the average May 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

2 GOLDINGS WAY Sold Prices

Land registry data shows two sales for 2 GOLDINGS WAY 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 2 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
2010 14 MAY	£186,000	£250,618	26% below HPI
2007 6 JUL	£190,000	£253,773	25% below HPI

2 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 two 2 GOLDINGS WAY sales from July 2007 and May 2010 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 GOLDINGS WAY be worth now?

2 GOLDINGS WAY might now be worth an estimated £302,147.

This is based on house price inflation of 62.4%, between May 2010 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 62.4% inflationary increase is applied to the most recent sale price for 2 GOLDINGS WAY of £186,000 on 14th May 2010. For the value to have increased from £186,000 to £302,147 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 GOLDINGS WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2010 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GOLDINGS WAY has not materially changed since May 2010.

How Large is 2 GOLDINGS WAY?

2 GOLDINGS WAY is 80m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% 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 2 GOLDINGS WAY lies on this distribution: 33% of detached houses houses are smaller than 2 GOLDINGS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

2 GOLDINGS WAY: Plot and Title Map

2 GOLDINGS WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 2 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 2 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 2 GOLDINGS WAY?

2 GOLDINGS WAY is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 2 on GOLDINGS WAY.