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

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.

ANCHORS is a large extended detached house of 149m², built sometime between 1930 and 1949, which could now be worth an estimated £441,810. It was last sold for £470,000 in December 2022, which was around 9% 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 roughly equal to 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	£433,092	9% above HPI
2019 9 DEC	£325,000	£324,364	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might ANCHORS be worth now?

ANCHORS might now be worth an estimated £441,810.

This is based on house price deflation of 6%, between December 2022 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 6% deflationary decrease is applied to the most recent sale price for ANCHORS of £470,000 on 14th December 2022. For the value to have decreased from £470,000 to £441,810 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of ANCHORS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of ANCHORS has not materially changed since December 2022.

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 houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwell, and where ANCHORS lies on this distribution: 74% of detached houses houses are smaller than ANCHORS, and 25% 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.