COLLINGTREE, ALUM BAY NEW ROAD, TOTLAND BAY, PO39 0ES - £360,000

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.

COLLINGTREE is a large detached house of 174m², built sometime between 1967 and 1975, which could now be worth an estimated £642,609. It was last sold for £360,000 in February 2009, which was around 58% above the average February 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

COLLINGTREE Sold Prices

Land registry data shows two sales for COLLINGTREE 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 COLLINGTREE 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
2009 26 FEB	£360,000	£228,073	58% above HPI
1995 23 JAN	£120,000	£69,315	73% above HPI

COLLINGTREE 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 COLLINGTREE sales from January 1995 and February 2009 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 January 1995 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the February 2009 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might COLLINGTREE be worth now?

COLLINGTREE might now be worth an estimated £642,609.

This is based on house price inflation of 78.5%, between February 2009 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 78.5% inflationary increase is applied to the most recent sale price for COLLINGTREE of £360,000 on 26th February 2009. For the value to have increased from £360,000 to £642,609 over the sixteen years to February 2025, the following assumptions must hold true:

• The value of COLLINGTREE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2009 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of COLLINGTREE has not materially changed since February 2009.

How Large is COLLINGTREE?

COLLINGTREE is 174m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where COLLINGTREE lies on this distribution: 77% of detached houses houses are smaller than COLLINGTREE, and 23% of houses are larger. Note that EPC data is not available for all properties in Totland.

COLLINGTREE: Plot and Title Map

COLLINGTREE sits on a plot of roughly 0.342 of an acre, or 1,383m². The below map shows the location of COLLINGTREE, 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 COLLINGTREE). 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 COLLINGTREE?

COLLINGTREE is located on ALUM BAY NEW ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of COLLINGTREE on ALUM BAY NEW ROAD.