MARSHLANDS, AFTON ROAD, FRESHWATER, PO40 9TT - £550,000

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

MARSHLANDS is a large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £550,000 in January 2022, which was around 34% above the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

MARSHLANDS Sold Prices

Land registry data shows three sales for MARSHLANDS 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 MARSHLANDS 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
2022 21 JAN	£550,000	£409,621	34% above HPI
2000 27 JAN	£107,500	£109,443	2% below HPI
1995 9 AUG	£68,000	£69,856	3% below HPI

MARSHLANDS 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 MARSHLANDS sales between August 1995 and January 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 January 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is MARSHLANDS?

MARSHLANDS is 135m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where MARSHLANDS lies on this distribution: 78% of detached houses are smaller than MARSHLANDS, and 22% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

MARSHLANDS: Plot and Title Map

MARSHLANDS sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of MARSHLANDS, 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 MARSHLANDS). 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 MARSHLANDS?

MARSHLANDS is located on AFTON ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of MARSHLANDS on AFTON ROAD.