MATCHELLS, COLWELL ROAD, FRESHWATER, PO40 9SW - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MATCHELLS is a midsized extended detached house of 120m², built sometime before 1900. It was last sold for £385,000 in September 2015, which was around 36% above the average September 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

MATCHELLS Sold Prices

Land registry data shows three sales for MATCHELLS 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 MATCHELLS 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
2015 30 SEP	£385,000	£284,054	36% above HPI
2004 30 APR	£248,000	£212,531	17% above HPI
1996 23 DEC	£87,000	£71,212	22% above HPI

MATCHELLS 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 MATCHELLS sales between December 1996 and September 2015 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 April 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2015 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is MATCHELLS?

MATCHELLS is 120m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where MATCHELLS lies on this distribution: 54% of detached houses are smaller than MATCHELLS, and 46% of houses are larger. Note that EPC data is not available for all properties in Colwell.

MATCHELLS: Plot and Title Map

MATCHELLS sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of MATCHELLS, 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 MATCHELLS). 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 MATCHELLS?

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