55, GOLDEN RIDGE, FRESHWATER, PO40 9LF - £323,000

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

55 GOLDEN RIDGE is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £323,000 in June 2024, which was around 21% below the average June 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

55 GOLDEN RIDGE Sold Prices

Land registry data shows two sales for 55 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 55 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
2024 28 JUN	£323,000	£406,539	21% below HPI
2013 4 OCT	£195,000	£255,998	24% below HPI

55 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 55 GOLDEN RIDGE sales from October 2013 and June 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 October 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 GOLDEN RIDGE?

55 GOLDEN RIDGE is 87m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 55 GOLDEN RIDGE lies on this distribution: 40% of detached houses are smaller than 55 GOLDEN RIDGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

55 GOLDEN RIDGE: Plot and Title Map

55 GOLDEN RIDGE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 55 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 55 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 55 GOLDEN RIDGE?

55 GOLDEN RIDGE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 55 on GOLDEN RIDGE.