LOCKSLEY VALE, MIDDLETON, FRESHWATER, PO40 9PA - £465,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LOCKSLEY VALE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £465,000 in September 2022, which was around 9% above the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

LOCKSLEY VALE Sold Prices

Land registry data shows three sales for LOCKSLEY VALE 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 LOCKSLEY VALE 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
2022 26 SEP	£465,000	£426,553	9% above HPI
2007 21 JUN	£325,000	£259,835	25% above HPI
2000 15 MAY	£145,000	£116,227	25% above HPI

LOCKSLEY VALE 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 LOCKSLEY VALE sales between May 2000 and September 2022 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 June 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is LOCKSLEY VALE?

LOCKSLEY VALE is 100m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where LOCKSLEY VALE lies on this distribution: 33% of detached houses are smaller than LOCKSLEY VALE, and 67% of houses are larger. Note that EPC data is not available for all properties in Totland.

LOCKSLEY VALE: Plot and Title Map

LOCKSLEY VALE sits on a plot of roughly 0.259 of an acre, or 1,048m². The below map shows the location of LOCKSLEY VALE, 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 LOCKSLEY VALE). 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 LOCKSLEY VALE?

LOCKSLEY VALE is located on MIDDLETON in FRESHWATER, in the PO40 postcode district. The below map shows the position of LOCKSLEY VALE on MIDDLETON.