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
8 GOLDINGS WAY is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £234,000 in September 2004, which was around 2% above the average September 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 GOLDINGS WAY since 1st 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. One of the two 8 GOLDINGS WAY sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2004 2 SEP | £234,000 | £229,384 | 2% above HPI |
2001 29 JUN | £128,000 | £134,781 | 5% below HPI |
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 8 GOLDINGS WAY sales from June 2001 and September 2004 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 June 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2004 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
8 GOLDINGS WAY is 67m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 8 GOLDINGS WAY lies on this distribution: 14% of detached houses are smaller than 8 GOLDINGS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Freshwater.
8 GOLDINGS WAY sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 8 GOLDINGS WAY, 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 8 GOLDINGS WAY). 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.
8 GOLDINGS WAY is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 8 on GOLDINGS WAY.