HOLLY COTTAGE, MAIN ROAD, BRIGHSTONE, NEWPORT, PO30 4AJ - £430,000

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.

HOLLY COTTAGE is a midsized extended detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £480,561. It was last sold for £430,000 in September 2021, which was around 18% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY 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 HOLLY COTTAGE sales was for above the average price, whilst the other was roughly equal to 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
2021 30 SEP	£430,000	£364,282	18% above HPI
2002 12 MAR	£145,000	£144,411	Close to HPI

HOLLY 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 HOLLY COTTAGE sales from March 2002 and September 2021 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 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £480,561.

This is based on house price inflation of 11.8%, between September 2021 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 11.8% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £430,000 on 30th September 2021. For the value to have increased from £430,000 to £480,561 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since September 2021.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighstone, and where HOLLY COTTAGE lies on this distribution: 43% of detached houses houses are smaller than HOLLY COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on MAIN ROAD in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of HOLLY COTTAGE on MAIN ROAD.