2, THE CRUNDLES, FRESHWATER, PO40 9DP - £440,000

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

2 THE CRUNDLES is a very large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £440,000 in June 2021, which was around 19% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE CRUNDLES Sold Prices

Land registry data shows three sales for 2 THE CRUNDLES 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 2 THE CRUNDLES sales were for above 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
2021 16 JUN	£440,000	£369,466	19% above HPI
2013 15 MAR	£250,000	£245,710	2% above HPI
2001 30 MAR	£150,000	£133,161	13% above HPI

2 THE CRUNDLES 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 2 THE CRUNDLES sales between March 2001 and June 2021 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 March 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 THE CRUNDLES?

2 THE CRUNDLES is 164m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 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 2 THE CRUNDLES lies on this distribution: 90% of detached houses are smaller than 2 THE CRUNDLES, and 10% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

2 THE CRUNDLES: Plot and Title Map

2 THE CRUNDLES sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 2 THE CRUNDLES, 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 THE CRUNDLES). 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 THE CRUNDLES?

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