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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHINE COTTAGE is a large detached house of 141m², built sometime before 1900. It was last sold for £393,500 in August 2013, which was around 54% 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	£255,361	54% above HPI
2006 3 OCT	£315,000	£251,447	25% above HPI
2004 29 OCT	£307,000	£237,637	29% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2013 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

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 in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where CHINE COTTAGE lies on this distribution: 66% of detached 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.