REEF HOUSE, CLIFF ROAD, TOTLAND BAY, PO39 0EH - £620,000

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.

REEF HOUSE is a large detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £947,955. It was last sold for £620,000 in June 2014, which was around 133% above the average June 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

REEF HOUSE Sold Prices

Land registry data shows four sales for REEF HOUSE 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 REEF HOUSE 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
2014 19 JUN	£620,000	£266,270	133% above HPI
2011 21 JUL	£565,000	£246,683	129% above HPI
2004 22 OCT	£425,000	£232,683	83% above HPI
1995 13 OCT	£155,000	£67,969	128% above HPI

REEF HOUSE 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 REEF HOUSE sales between October 1995 and June 2014 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 July 2011 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the June 2014 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

What might REEF HOUSE be worth now?

REEF HOUSE might now be worth an estimated £947,955.

This is based on house price inflation of 52.9%, between June 2014 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 52.9% inflationary increase is applied to the most recent sale price for REEF HOUSE of £620,000 on 19th June 2014. For the value to have increased from £620,000 to £947,955 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of REEF HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2014 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of REEF HOUSE has not materially changed since June 2014.

How Large is REEF HOUSE?

REEF HOUSE is 144m² according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where REEF HOUSE lies on this distribution: 66% of detached houses houses are smaller than REEF HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Totland.

REEF HOUSE: Plot and Title Map

REEF HOUSE sits on a plot of roughly 0.325 of an acre, or 1,315m². The below map shows the location of REEF HOUSE, 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 REEF HOUSE). 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 REEF HOUSE?

REEF HOUSE is located on CLIFF ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of REEF HOUSE on CLIFF ROAD.