8, RONSTAN GARDENS, FRESHWATER, PO40 9DF - £252,000

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.

8 RONSTAN GARDENS is a small extended detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £284,623. It was last sold for £252,000 in December 2020, which was around 30% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

8 RONSTAN GARDENS Sold Prices

Land registry data shows two sales for 8 RONSTAN GARDENS 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 8 RONSTAN GARDENS 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 1 DEC	£252,000	£360,453	30% below HPI
2017 29 AUG	£230,000	£296,938	23% below HPI

8 RONSTAN GARDENS 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 8 RONSTAN GARDENS sales from August 2017 and December 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 RONSTAN GARDENS be worth now?

8 RONSTAN GARDENS might now be worth an estimated £284,623.

This is based on house price inflation of 12.9%, between December 2020 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 12.9% inflationary increase is applied to the most recent sale price for 8 RONSTAN GARDENS of £252,000 on 1st December 2020. For the value to have increased from £252,000 to £284,623 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 RONSTAN GARDENS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2020 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RONSTAN GARDENS has not materially changed since December 2020.

How Large is 8 RONSTAN GARDENS?

8 RONSTAN GARDENS is 73m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% 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 8 RONSTAN GARDENS lies on this distribution: 25% of detached houses houses are smaller than 8 RONSTAN GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

8 RONSTAN GARDENS: Plot and Title Map

8 RONSTAN GARDENS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 8 RONSTAN GARDENS, 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 RONSTAN GARDENS). 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 8 RONSTAN GARDENS?

8 RONSTAN GARDENS is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 8 on RONSTAN GARDENS.