CUMBRIA, SOUTHDOWN ROAD, FRESHWATER, PO40 9UA - £435,000

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

CUMBRIA is a large detached house of 129m², built sometime from 2007 onwards. It was last sold for £435,000 in May 2016, which was around 51% above the average May 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

CUMBRIA Sold Prices

Land registry data shows two sales for CUMBRIA 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 CUMBRIA 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
2016 20 MAY	£435,000	£288,538	51% above HPI
1996 8 MAY	£166,000	£69,152	140% above HPI

CUMBRIA 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 CUMBRIA sales from May 1996 and May 2016 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 May 1996 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the May 2016 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is CUMBRIA?

CUMBRIA is 129m² according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where CUMBRIA lies on this distribution: 74% of detached houses are smaller than CUMBRIA, and 26% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

CUMBRIA: Plot and Title Map

CUMBRIA sits on a plot of roughly 0.278 of an acre, or 1,125m². The below map shows the location of CUMBRIA, 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 CUMBRIA). 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 CUMBRIA?

CUMBRIA is located on SOUTHDOWN ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of CUMBRIA on SOUTHDOWN ROAD.