MEADOWLARK, REGINA ROAD, FRESHWATER, PO40 9DG - £280,000

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

MEADOWLARK is a small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £280,000 in January 2018, which was around 8% below the average January 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

MEADOWLARK Sold Prices

Land registry data shows four sales for MEADOWLARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four MEADOWLARK 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
2018 18 JAN	£280,000	£305,686	8% below HPI
2010 11 MAY	£243,000	£255,954	5% below HPI
2001 12 JUN	£134,000	£134,781	1% below HPI
1998 18 FEB	£82,500	£82,939	1% below HPI

MEADOWLARK 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 four MEADOWLARK sales between February 1998 and January 2018 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 May 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MEADOWLARK?

MEADOWLARK is 74m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 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 MEADOWLARK lies on this distribution: 26% of detached houses are smaller than MEADOWLARK, and 74% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

MEADOWLARK: Plot and Title Map

MEADOWLARK sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of MEADOWLARK, 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 MEADOWLARK). 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 MEADOWLARK?

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