4, GOLDEN RIDGE, FRESHWATER, PO40 9LE - £227,500

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.

4 GOLDEN RIDGE is a midsized detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £306,914. It was last sold for £227,500 in November 2017, which was around 25% below the average November 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

4 GOLDEN RIDGE Sold Prices

Land registry data shows two sales for 4 GOLDEN RIDGE 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 4 GOLDEN RIDGE 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 7 NOV	£227,500	£301,775	25% below HPI
1999 16 DEC	£77,000	£105,930	27% below HPI

4 GOLDEN RIDGE 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 4 GOLDEN RIDGE sales from December 1999 and November 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 December 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 GOLDEN RIDGE be worth now?

4 GOLDEN RIDGE might now be worth an estimated £306,914.

This is based on house price inflation of 34.9%, between November 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 34.9% inflationary increase is applied to the most recent sale price for 4 GOLDEN RIDGE of £227,500 on 7th November 2017. For the value to have increased from £227,500 to £306,914 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 GOLDEN RIDGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 4 GOLDEN RIDGE has not materially changed since November 2017.

How Large is 4 GOLDEN RIDGE?

4 GOLDEN RIDGE is 98m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% 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 4 GOLDEN RIDGE lies on this distribution: 54% of detached houses houses are smaller than 4 GOLDEN RIDGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

4 GOLDEN RIDGE: Plot and Title Map

4 GOLDEN RIDGE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 GOLDEN RIDGE, 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 4 GOLDEN RIDGE). 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 4 GOLDEN RIDGE?

4 GOLDEN RIDGE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 4 on GOLDEN RIDGE.