IONA, HIGH STREET, FRESHWATER, PO40 9LB - £250,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

IONA is a midsized detached house of 94m², built sometime between 1900 and 1929. It was last sold for £250,000 in December 2017, which was around 19% below the average December 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

IONA Sold Prices

Land registry data shows three sales for IONA 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 IONA sales 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
2017 7 DEC	£250,000	£309,102	19% below HPI
2012 5 DEC	£167,000	£247,284	32% below HPI
1998 3 JUN	£45,000	£87,069	48% below HPI

IONA 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 IONA sales between June 1998 and December 2017 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 December 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is IONA?

IONA is 94m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where IONA lies on this distribution: 50% of detached houses are smaller than IONA, and 50% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

IONA: Plot and Title Map

IONA sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of IONA, 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 IONA). 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 IONA?

IONA is located on HIGH STREET in FRESHWATER, in the PO40 postcode district. The below map shows the position of IONA on HIGH STREET.