ANCHORS, COLWELL ROAD, TOTLAND BAY, PO39 0AH - £470,000

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

ANCHORS is a large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £470,000 in December 2022, which was around 6% above the average December 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

ANCHORS Sold Prices

Land registry data shows two sales for ANCHORS 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. One of the two ANCHORS sales was for above the average price, whilst the other 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
2022 14 DEC	£470,000	£442,312	6% above HPI
2019 9 DEC	£325,000	£331,270	2% below HPI

ANCHORS 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 ANCHORS sales from December 2019 and December 2022 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 December 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is ANCHORS?

ANCHORS is 149m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where ANCHORS lies on this distribution: 74% of detached houses are smaller than ANCHORS, and 26% of houses are larger. Note that EPC data is not available for all properties in Colwell.

ANCHORS: Plot and Title Map

ANCHORS sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of ANCHORS, 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 ANCHORS). 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 ANCHORS?

ANCHORS is located on COLWELL ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of ANCHORS on COLWELL ROAD.