6, GOLDEN RIDGE, FRESHWATER, PO40 9LE - £259,950

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

6 GOLDEN RIDGE is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £259,950 in October 2020, which was around 26% below the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

6 GOLDEN RIDGE Sold Prices

Land registry data shows two sales for 6 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 6 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
2020 30 OCT	£259,950	£352,278	26% below HPI
2004 19 AUG	£210,000	£229,466	8% below HPI

6 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 6 GOLDEN RIDGE sales from August 2004 and October 2020 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 August 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 6 GOLDEN RIDGE?

6 GOLDEN RIDGE is 91m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 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 6 GOLDEN RIDGE lies on this distribution: 45% of detached houses are smaller than 6 GOLDEN RIDGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

6 GOLDEN RIDGE: Plot and Title Map

6 GOLDEN RIDGE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 6 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 6 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 6 GOLDEN RIDGE?

6 GOLDEN RIDGE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 6 on GOLDEN RIDGE.