HEATHER COTTAGE, HEATHERWOOD PARK ROAD, TOTLAND BAY, PO39 0EL - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HEATHER COTTAGE is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £546,177. It was last sold for £475,000 in October 2020, which was around 38% above the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

HEATHER COTTAGE Sold Prices

Land registry data shows three sales for HEATHER COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three HEATHER COTTAGE 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
2020 23 OCT	£475,000	£344,934	38% above HPI
2007 19 OCT	£380,000	£267,539	42% above HPI
2003 12 MAR	£315,000	£183,378	72% above 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 three HEATHER COTTAGE sales between March 2003 and October 2020 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 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might HEATHER COTTAGE be worth now?

HEATHER COTTAGE might now be worth an estimated £546,177.

This is based on house price inflation of 15%, between October 2020 and July 2025, 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 15% inflationary increase is applied to the most recent sale price for HEATHER COTTAGE of £475,000 on 23rd October 2020. For the value to have increased from £475,000 to £546,177 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of HEATHER COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHER COTTAGE has not materially changed since October 2020.

How Large is HEATHER COTTAGE?

HEATHER COTTAGE is 137m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where HEATHER COTTAGE lies on this distribution: 61% of detached houses houses are smaller than HEATHER COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Totland.

HEATHER COTTAGE: Plot and Title Map

HEATHER COTTAGE sits on a plot of roughly 0.092 of an acre, or 373m². 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 HEATHERWOOD PARK ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of HEATHER COTTAGE on HEATHERWOOD PARK ROAD.