4, MARSH CLOSE, FRESHWATER, PO40 9RE - £272,500

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

4 MARSH CLOSE is a midsized detached house of 95m², built sometime between 1983 and 1990. It was last sold for £272,500 in February 2014, which was around 5% above the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

4 MARSH CLOSE Sold Prices

Land registry data shows four sales for 4 MARSH CLOSE 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. Most of the four 4 MARSH CLOSE 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
2014 14 FEB	£272,500	£259,038	5% above HPI
2011 1 NOV	£235,000	£251,986	7% below HPI
2001 19 APR	£157,000	£131,331	20% above HPI
1996 23 AUG	£80,000	£70,804	13% above HPI

4 MARSH 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 four 4 MARSH CLOSE sales between August 1996 and February 2014 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 November 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 MARSH CLOSE?

4 MARSH CLOSE is 95m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 4 MARSH CLOSE lies on this distribution: 51% of detached houses are smaller than 4 MARSH CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

4 MARSH CLOSE: Plot and Title Map

4 MARSH CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 4 MARSH 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 4 MARSH 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 4 MARSH CLOSE?

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