3, BIRCH CLOSE, FRESHWATER, PO40 9SD - £365,000

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.

3 BIRCH CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £376,815. It was last sold for £365,000 in March 2024, which was around 7% below the average March 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

3 BIRCH CLOSE Sold Prices

Land registry data shows two sales for 3 BIRCH CLOSE 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 3 BIRCH CLOSE 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
2024 22 MAR	£365,000	£394,351	7% below HPI
2019 22 MAR	£310,000	£317,307	2% below HPI

3 BIRCH CLOSE 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 3 BIRCH CLOSE sales from March 2019 and March 2024 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 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 BIRCH CLOSE be worth now?

3 BIRCH CLOSE might now be worth an estimated £376,815.

This is based on house price inflation of 3.2%, between March 2024 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 3.2% inflationary increase is applied to the most recent sale price for 3 BIRCH CLOSE of £365,000 on 22nd March 2024. For the value to have increased from £365,000 to £376,815 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 3 BIRCH CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BIRCH CLOSE has not materially changed since March 2024.

How Large is 3 BIRCH CLOSE?

3 BIRCH CLOSE is 77m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwell, and where 3 BIRCH CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 BIRCH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Colwell.

3 BIRCH CLOSE: Plot and Title Map

3 BIRCH CLOSE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 3 BIRCH CLOSE, 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 3 BIRCH CLOSE). 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 3 BIRCH CLOSE?

3 BIRCH CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 3 on BIRCH CLOSE.