COSY CORNER, EVERARD CLOSE, FRESHWATER, PO40 9PT - £385,000

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.

COSY CORNER is a large detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £492,602. It was last sold for £385,000 in September 2019, which was around 21% above the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

COSY CORNER Sold Prices

Land registry data shows four sales for COSY CORNER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four COSY CORNER 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 27 SEP	£385,000	£318,187	21% above HPI
2015 24 APR	£275,000	£257,258	7% above HPI
1998 1 APR	£112,500	£82,829	36% above HPI
1995 17 JAN	£113,500	£69,315	64% above HPI

COSY CORNER 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 four COSY CORNER sales between January 1995 and September 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 April 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might COSY CORNER be worth now?

COSY CORNER might now be worth an estimated £492,602.

This is based on house price inflation of 27.9%, between September 2019 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 27.9% inflationary increase is applied to the most recent sale price for COSY CORNER of £385,000 on 27th September 2019. For the value to have increased from £385,000 to £492,602 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of COSY CORNER has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of COSY CORNER has not materially changed since September 2019.

How Large is COSY CORNER?

COSY CORNER is 111m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where COSY CORNER lies on this distribution: 63% of detached houses houses are smaller than COSY CORNER, and 36% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

COSY CORNER: Plot and Title Map

COSY CORNER sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of COSY CORNER, 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 COSY CORNER). 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 COSY CORNER?

COSY CORNER is located on EVERARD CLOSE in FRESHWATER, in the PO40 postcode district. The below map shows the position of COSY CORNER on EVERARD CLOSE.