DOWNLAND, HIGHVIEW, FRESHWATER, PO40 9JS - £227,500

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

DOWNLAND is a large detached house of 139m², built sometime between 1950 and 1966. It was last sold for £227,500 in December 2013, which was around 12% below the average December 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was C.

DOWNLAND Sold Prices

Land registry data shows two sales for DOWNLAND 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. One of the two DOWNLAND sales was for below the average price, whilst the other was roughly equal to 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 20 DEC	£227,500	£259,966	12% below HPI
1997 11 NOV	£84,000	£83,780	Close to HPI

DOWNLAND 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 DOWNLAND sales from November 1997 and December 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 November 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is DOWNLAND?

DOWNLAND is 139m² according to the EPC inspection conducted in May 2022. 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 DOWNLAND lies on this distribution: 79% of detached houses are smaller than DOWNLAND, and 20% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

DOWNLAND: Plot and Title Map

DOWNLAND sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of DOWNLAND, 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 DOWNLAND). 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 DOWNLAND?

DOWNLAND is located on HIGHVIEW in FRESHWATER, in the PO40 postcode district. The below map shows the position of DOWNLAND on HIGHVIEW.