8, SMALL HORSE FARM CLOSE, FRESHWATER, PO40 9FY - £737,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 SMALL HORSE FARM CLOSE is a very large detached house of 233m², built sometime between 1991 and 1995. It was last sold for £737,000 in March 2023, which was around 73% above the average March 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

8 SMALL HORSE FARM CLOSE Sold Prices

Land registry data shows three sales for 8 SMALL HORSE FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 8 SMALL HORSE FARM CLOSE sales were for above the average price, whilst one 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
2023 3 MAR	£737,000	£424,882	73% above HPI
2021 13 APR	£560,000	£364,812	54% above HPI
2016 13 JUL	£175,000	£289,666	40% below HPI

8 SMALL HORSE FARM 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 three 8 SMALL HORSE FARM CLOSE sales between July 2016 and March 2023 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 April 2021 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2023 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 8 SMALL HORSE FARM CLOSE?

8 SMALL HORSE FARM CLOSE is 233m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where 8 SMALL HORSE FARM CLOSE lies on this distribution: 97% of detached houses are smaller than 8 SMALL HORSE FARM CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Colwell.

8 SMALL HORSE FARM CLOSE: Plot and Title Map

8 SMALL HORSE FARM CLOSE sits on a plot of roughly 0.221 of an acre, or 893m². The below map shows the location of 8 SMALL HORSE FARM 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 8 SMALL HORSE FARM 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 8 SMALL HORSE FARM CLOSE?

8 SMALL HORSE FARM CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 8 on SMALL HORSE FARM CLOSE.