HEATHERLAND, COLWELL COMMON ROAD, TOTLAND BAY, PO39 0BZ - £430,000

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

HEATHERLAND is a very large detached house of 181m², built sometime between 1900 and 1929. It was last sold for £430,000 in July 2013, which was around 69% above the average July 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

HEATHERLAND Sold Prices

Land registry data shows two sales for HEATHERLAND 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 HEATHERLAND 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
2013 1 JUL	£430,000	£254,455	69% above HPI
1995 15 MAR	£92,000	£68,969	33% above HPI

HEATHERLAND 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 HEATHERLAND sales from March 1995 and July 2013 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 March 1995 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2013 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is HEATHERLAND?

HEATHERLAND is 181m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where HEATHERLAND lies on this distribution: 85% of detached houses are smaller than HEATHERLAND, and 15% of houses are larger. Note that EPC data is not available for all properties in Colwell.

HEATHERLAND: Plot and Title Map

HEATHERLAND sits on a plot of roughly 0.630 of an acre, or 2,548m². The below map shows the location of HEATHERLAND, 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 HEATHERLAND). 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 HEATHERLAND?

HEATHERLAND is located on COLWELL COMMON ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of HEATHERLAND on COLWELL COMMON ROAD.