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

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.

LOCKSLEY VALE is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £453,260. It was last sold for £465,000 in September 2022, which was around 11% 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	£417,661	11% above HPI
2007 21 JUN	£325,000	£254,418	28% above HPI
2000 15 MAY	£145,000	£113,804	27% 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might LOCKSLEY VALE be worth now?

LOCKSLEY VALE might now be worth an estimated £453,260.

This is based on house price deflation of 2.5%, between September 2022 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 2.5% deflationary decrease is applied to the most recent sale price for LOCKSLEY VALE of £465,000 on 26th September 2022. For the value to have decreased from £465,000 to £453,260 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of LOCKSLEY VALE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2022 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of LOCKSLEY VALE has not materially changed since September 2022.

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 houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where LOCKSLEY VALE lies on this distribution: 33% of detached houses 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.