ALCESTER, COLWELL ROAD, FRESHWATER, PO40 9SW - £250,000

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.

ALCESTER is a very large extended detached house of 173m², built sometime between 1900 and 1929, which could now be worth an estimated £441,311. It was last sold for £250,000 in August 2009, which was around 8% above the average August 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

ALCESTER Sold Prices

Land registry data shows three sales for ALCESTER 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. All of the three ALCESTER 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
2009 13 AUG	£250,000	£230,629	8% above HPI
1999 9 JUL	£107,950	£96,011	12% above HPI
1997 25 APR	£95,000	£72,838	30% above HPI

ALCESTER 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 ALCESTER sales between April 1997 and August 2009 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 July 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2009 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might ALCESTER be worth now?

ALCESTER might now be worth an estimated £441,311.

This is based on house price inflation of 76.5%, between August 2009 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 76.5% inflationary increase is applied to the most recent sale price for ALCESTER of £250,000 on 13th August 2009. For the value to have increased from £250,000 to £441,311 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of ALCESTER has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of ALCESTER has not materially changed since August 2009.

How Large is ALCESTER?

ALCESTER is 173m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 ALCESTER lies on this distribution: 81% of detached houses houses are smaller than ALCESTER, and 19% of houses are larger. Note that EPC data is not available for all properties in Colwell.

ALCESTER: Plot and Title Map

ALCESTER sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of ALCESTER, 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 ALCESTER). 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 ALCESTER?

ALCESTER is located on COLWELL ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of ALCESTER on COLWELL ROAD.