MILLERS CROFT, QUEENS ROAD, FRESHWATER, PO40 9ES - £277,500

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

MILLERS CROFT is a very large detached house of 206m², built sometime between 1967 and 1975. It was last sold for £277,500 in July 2015, which was around 1% above the average July 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

MILLERS CROFT Sold Prices

Land registry data shows two sales for MILLERS CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two MILLERS CROFT 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 16 JUL	£277,500	£274,939	1% above HPI
1996 29 MAR	£90,000	£71,164	26% above HPI

MILLERS CROFT 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 two MILLERS CROFT sales from March 1996 and July 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 March 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is MILLERS CROFT?

MILLERS CROFT is 206m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where MILLERS CROFT lies on this distribution: 95% of detached houses are smaller than MILLERS CROFT, and 5% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

MILLERS CROFT: Plot and Title Map

MILLERS CROFT sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of MILLERS CROFT, 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 MILLERS CROFT). 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 MILLERS CROFT?

MILLERS CROFT is located on QUEENS ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of MILLERS CROFT on QUEENS ROAD.