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

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

DOWNSVIEW is a midsized detached house of 127m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2006, which was around 8% 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	£246,160	8% above HPI
1997 20 MAY	£83,000	£76,595	8% 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2006 sale, which was also at 8% above the HPI.

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 in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where DOWNSVIEW lies on this distribution: 55% of detached houses are smaller than DOWNSVIEW, and 44% 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.