PURSERS COTTAGE, CAMP ROAD, FRESHWATER, PO40 9HW - £295,000

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.

PURSERS COTTAGE is a small detached house of 72m², built sometime before 1900, which could now be worth an estimated £397,624. It was last sold for £295,000 in April 2018, which was around 2% below the average April 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

PURSERS COTTAGE Sold Prices

Land registry data shows five sales for PURSERS COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the five PURSERS COTTAGE 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 27 APR	£295,000	£302,042	2% below HPI
2011 30 JUN	£260,000	£245,935	6% above HPI
2006 29 SEP	£285,000	£245,686	16% above HPI
1999 27 OCT	£172,000	£103,224	67% above HPI
1997 29 OCT	£102,000	£81,078	26% above HPI

PURSERS COTTAGE 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 five PURSERS COTTAGE sales between October 1997 and April 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 June 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might PURSERS COTTAGE be worth now?

PURSERS COTTAGE might now be worth an estimated £397,624.

This is based on house price inflation of 34.8%, between April 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 34.8% inflationary increase is applied to the most recent sale price for PURSERS COTTAGE of £295,000 on 27th April 2018. For the value to have increased from £295,000 to £397,624 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of PURSERS COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of PURSERS COTTAGE has not materially changed since April 2018.

How Large is PURSERS COTTAGE?

PURSERS COTTAGE is 72m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% 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 PURSERS COTTAGE lies on this distribution: 22% of detached houses houses are smaller than PURSERS COTTAGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

PURSERS COTTAGE: Plot and Title Map

PURSERS COTTAGE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of PURSERS COTTAGE, 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 PURSERS COTTAGE). 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 PURSERS COTTAGE?

PURSERS COTTAGE is located on CAMP ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of PURSERS COTTAGE on CAMP ROAD.