DOWNSVIEW, FARRIERS WAY, SHORWELL, NEWPORT, PO30 3JP - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DOWNSVIEW is a midsized detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £440,963. It was last sold for £265,000 in August 2006, which was around 10% above the average August 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

DOWNSVIEW Sold Prices

Land registry data shows two sales for DOWNSVIEW 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 DOWNSVIEW 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
2006 18 AUG	£265,000	£241,028	10% above HPI
1997 20 MAY	£83,000	£74,998	11% above HPI

DOWNSVIEW 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 DOWNSVIEW sales from May 1997 and August 2006 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 1997 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2006 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might DOWNSVIEW be worth now?

DOWNSVIEW might now be worth an estimated £440,963.

This is based on house price inflation of 66.4%, between August 2006 and December 2024, 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 66.4% inflationary increase is applied to the most recent sale price for DOWNSVIEW of £265,000 on 18th August 2006. For the value to have increased from £265,000 to £440,963 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of DOWNSVIEW has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2006 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of DOWNSVIEW has not materially changed since August 2006.

How Large is DOWNSVIEW?

DOWNSVIEW is 127m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shorwell, and where DOWNSVIEW lies on this distribution: 54% of detached houses houses are smaller than DOWNSVIEW, and 45% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

DOWNSVIEW: Plot and Title Map

DOWNSVIEW sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of DOWNSVIEW, 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 DOWNSVIEW). 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 DOWNSVIEW?

DOWNSVIEW is located on FARRIERS WAY in SHORWELL, in the PO30 postcode district. The below map shows the position of DOWNSVIEW on FARRIERS WAY.