PENHALIGON, SOUTHDOWN ROAD, FRESHWATER, PO40 9UA - £437,000

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.

PENHALIGON is a very large extended detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £589,452. It was last sold for £437,000 in May 2018, which was around 45% above the average May 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

PENHALIGON Sold Prices

Land registry data shows two sales for PENHALIGON 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 PENHALIGON 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
2018 29 MAY	£437,000	£301,822	45% above HPI
1995 9 FEB	£145,000	£67,904	114% above HPI

PENHALIGON 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 PENHALIGON sales from February 1995 and May 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 February 1995 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the May 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might PENHALIGON be worth now?

PENHALIGON might now be worth an estimated £589,452.

This is based on house price inflation of 34.9%, between May 2018 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 34.9% inflationary increase is applied to the most recent sale price for PENHALIGON of £437,000 on 29th May 2018. For the value to have increased from £437,000 to £589,452 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of PENHALIGON has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2018 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of PENHALIGON has not materially changed since May 2018.

How Large is PENHALIGON?

PENHALIGON is 165m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where PENHALIGON lies on this distribution: 90% of detached houses houses are smaller than PENHALIGON, and 10% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

PENHALIGON: Plot and Title Map

PENHALIGON sits on a plot of roughly 0.337 of an acre, or 1,365m². The below map shows the location of PENHALIGON, 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 PENHALIGON). 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 PENHALIGON?

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