CHINE COTTAGE, COLWELL CHINE ROAD, FRESHWATER, PO40 9NP - £393,500

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.

CHINE COTTAGE is a large detached house of 141m², built sometime before 1900, which could now be worth an estimated £640,703. It was last sold for £393,500 in August 2013, which was around 57% above the average August 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

CHINE COTTAGE Sold Prices

Land registry data shows three sales for CHINE COTTAGE 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 CHINE COTTAGE 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
2013 29 AUG	£393,500	£250,038	57% above HPI
2006 3 OCT	£315,000	£246,206	28% above HPI
2004 29 OCT	£307,000	£232,683	32% above HPI

CHINE COTTAGE 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 CHINE COTTAGE sales between October 2004 and August 2013 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 October 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2013 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might CHINE COTTAGE be worth now?

CHINE COTTAGE might now be worth an estimated £640,703.

This is based on house price inflation of 62.8%, between August 2013 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 62.8% inflationary increase is applied to the most recent sale price for CHINE COTTAGE of £393,500 on 29th August 2013. For the value to have increased from £393,500 to £640,703 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of CHINE COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2013 sale price of £393,500 represented a fair market value for the property.
• The size, condition, and specification of CHINE COTTAGE has not materially changed since August 2013.

How Large is CHINE COTTAGE?

CHINE COTTAGE is 141m² according to the EPC inspection conducted in January 2013. This puts it in the largest 40% 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 CHINE COTTAGE lies on this distribution: 67% of detached houses houses are smaller than CHINE COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Colwell.

CHINE COTTAGE: Plot and Title Map

CHINE COTTAGE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of CHINE COTTAGE, 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 CHINE COTTAGE). 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 CHINE COTTAGE?

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