9, SMALL HORSE FARM CLOSE, FRESHWATER, PO40 9FY - £617,500

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.

9 SMALL HORSE FARM CLOSE is a very large detached house of 186m², which could now be worth an estimated £625,051. It was last sold for £617,500 in February 2024, which was around 54% above the average February 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

9 SMALL HORSE FARM CLOSE Sold Prices

Land registry data shows two sales for 9 SMALL HORSE FARM CLOSE 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 9 SMALL HORSE FARM CLOSE sales were for above 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 2 FEB	£617,500	£402,198	54% above HPI
2019 20 MAY	£450,000	£316,015	42% above HPI

9 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 two 9 SMALL HORSE FARM CLOSE sales from May 2019 and February 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 May 2019 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2024 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 9 SMALL HORSE FARM CLOSE be worth now?

9 SMALL HORSE FARM CLOSE might now be worth an estimated £625,051.

This is based on house price inflation of 1.2%, between February 2024 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 1.2% inflationary increase is applied to the most recent sale price for 9 SMALL HORSE FARM CLOSE of £617,500 on 2nd February 2024. For the value to have increased from £617,500 to £625,051 over the one year to February 2025, the following assumptions must hold true:

• The value of 9 SMALL HORSE FARM CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2024 sale price of £617,500 represented a fair market value for the property.
• The size, condition, and specification of 9 SMALL HORSE FARM CLOSE has not materially changed since February 2024.

How Large is 9 SMALL HORSE FARM CLOSE?

9 SMALL HORSE FARM CLOSE is 186m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwell, and where 9 SMALL HORSE FARM CLOSE lies on this distribution: 87% of detached houses houses are smaller than 9 SMALL HORSE FARM CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Colwell.

9 SMALL HORSE FARM CLOSE: Plot and Title Map

9 SMALL HORSE FARM CLOSE sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of 9 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 9 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 9 SMALL HORSE FARM CLOSE?

9 SMALL HORSE FARM CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 9 on SMALL HORSE FARM CLOSE.