9, THE NURSERIES, FRESHWATER, PO40 9FG - £399,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

9 THE NURSERIES is a small detached house of 86m², built sometime from 2012 onwards. It was last sold for £399,000 in February 2024, which was around 4% below the average February 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

9 THE NURSERIES Sold Prices

Land registry data shows two sales for 9 THE NURSERIES 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 THE NURSERIES 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
2024 13 FEB	£399,000	£417,710	4% below HPI
2013 12 NOV	£245,000	£259,215	5% below HPI

9 THE NURSERIES 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 THE NURSERIES sales from November 2013 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 November 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 THE NURSERIES?

9 THE NURSERIES is 86m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 9 THE NURSERIES lies on this distribution: 39% of detached houses are smaller than 9 THE NURSERIES, and 60% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

9 THE NURSERIES: Plot and Title Map

9 THE NURSERIES sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 9 THE NURSERIES, 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 THE NURSERIES). 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 THE NURSERIES?

9 THE NURSERIES is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 9 on THE NURSERIES.