FLAXFIELD, MAIN ROAD, HAVENSTREET, RYDE, PO33 4DL - £241,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FLAXFIELD is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £241,500 in July 2019, which was around 25% below the average July 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

FLAXFIELD Sold Prices

Land registry data shows four sales for FLAXFIELD 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 FLAXFIELD sales were for below 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 31 JUL	£241,500	£320,079	25% below HPI
2016 6 JUL	£225,000	£289,666	22% below HPI
2014 3 FEB	£203,000	£259,038	22% below HPI
2000 16 JUN	£95,000	£121,115	22% below HPI

FLAXFIELD 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 FLAXFIELD sales between June 2000 and July 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 July 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is FLAXFIELD?

FLAXFIELD is 90m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% of detached houses in Havenstreet, based on EPC data. The below chart shows the distribution of detached houses by size in Havenstreet, and where FLAXFIELD lies on this distribution: 24% of detached houses are smaller than FLAXFIELD, and 76% of houses are larger. Note that EPC data is not available for all properties in Havenstreet.

FLAXFIELD: Plot and Title Map

FLAXFIELD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of FLAXFIELD, 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 FLAXFIELD). 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 FLAXFIELD?

FLAXFIELD is located on MAIN ROAD in HAVENSTREET, in the PO33 postcode district. The below map shows the position of FLAXFIELD on MAIN ROAD.