HOBBITON, WESTON ROAD, TOTLAND BAY, PO39 0HA - £275,000

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.

HOBBITON is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £451,891. It was last sold for £275,000 in October 2012, which was around 11% above the average October 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

HOBBITON Sold Prices

Land registry data shows three sales for HOBBITON 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. One of the three HOBBITON sales was for above the average price, whilst two 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
2012 11 OCT	£275,000	£247,752	11% above HPI
2003 15 MAY	£182,000	£189,309	4% below HPI
1999 20 SEP	£80,000	£100,986	21% below HPI

HOBBITON 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 HOBBITON sales between September 1999 and October 2012 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2012 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might HOBBITON be worth now?

HOBBITON might now be worth an estimated £451,891.

This is based on house price inflation of 64.3%, between October 2012 and February 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 64.3% inflationary increase is applied to the most recent sale price for HOBBITON of £275,000 on 11th October 2012. For the value to have increased from £275,000 to £451,891 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of HOBBITON has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of HOBBITON has not materially changed since October 2012.

How Large is HOBBITON?

HOBBITON is 115m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% 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 HOBBITON lies on this distribution: 46% of detached houses houses are smaller than HOBBITON, and 54% of houses are larger. Note that EPC data is not available for all properties in Totland.

HOBBITON: Plot and Title Map

HOBBITON sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of HOBBITON, 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 HOBBITON). 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 HOBBITON?

HOBBITON is located on WESTON ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of HOBBITON on WESTON ROAD.