HEATHER COTTAGE, AFTON ROAD, FRESHWATER, PO40 9TP - £340,000

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

HEATHER COTTAGE is a large extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £340,000 in May 2014, which was around 27% above the average May 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

HEATHER COTTAGE Sold Prices

Land registry data shows two sales for HEATHER COTTAGE 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 HEATHER COTTAGE sales was for above the average price, whilst the other was 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
2014 23 MAY	£340,000	£267,093	27% above HPI
2003 28 OCT	£181,000	£198,359	9% below HPI

HEATHER COTTAGE 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 HEATHER COTTAGE sales from October 2003 and May 2014 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 October 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2014 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is HEATHER COTTAGE?

HEATHER COTTAGE is 121m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where HEATHER COTTAGE lies on this distribution: 70% of detached houses are smaller than HEATHER COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

HEATHER COTTAGE: Plot and Title Map

HEATHER COTTAGE sits on a plot of roughly 0.383 of an acre, or 1,548m². The below map shows the location of HEATHER COTTAGE, 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 HEATHER COTTAGE). 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 HEATHER COTTAGE?

HEATHER COTTAGE is located on AFTON ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of HEATHER COTTAGE on AFTON ROAD.