CAMBRIDGE LODGE, GATE LANE, FRESHWATER, PO40 9QD - £685,000

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

CAMBRIDGE LODGE is a very large extended detached house of 251m², built sometime between 1900 and 1929. It was last sold for £685,000 in May 2019, which was around 112% above the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

CAMBRIDGE LODGE Sold Prices

Land registry data shows two sales for CAMBRIDGE LODGE 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 CAMBRIDGE LODGE 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
2019 29 MAY	£685,000	£322,742	112% above HPI
1996 29 NOV	£130,000	£70,517	84% above HPI

CAMBRIDGE LODGE 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 CAMBRIDGE LODGE sales from November 1996 and May 2019 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 1996 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2019 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is CAMBRIDGE LODGE?

CAMBRIDGE LODGE is 251m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where CAMBRIDGE LODGE lies on this distribution: 99% of detached houses are smaller than CAMBRIDGE LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

CAMBRIDGE LODGE: Plot and Title Map

CAMBRIDGE LODGE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of CAMBRIDGE LODGE, 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 CAMBRIDGE LODGE). 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 CAMBRIDGE LODGE?

CAMBRIDGE LODGE is located on GATE LANE in FRESHWATER, in the PO40 postcode district. The below map shows the position of CAMBRIDGE LODGE on GATE LANE.