SOUTHROYD, QUEENS ROAD, FRESHWATER, PO40 9EP - £380,000

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

SOUTHROYD is a large detached house of 110m², built sometime between 1950 and 1966. It was last sold for £380,000 in May 2024, which was around 6% below the average May 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

SOUTHROYD Sold Prices

Land registry data shows three sales for SOUTHROYD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three SOUTHROYD 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
2024 30 MAY	£380,000	£402,201	6% below HPI
2022 4 MAY	£285,000	£416,726	32% below HPI
2018 23 APR	£280,000	£308,472	9% below HPI

SOUTHROYD 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 three SOUTHROYD sales between April 2018 and May 2024 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 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is SOUTHROYD?

SOUTHROYD is 110m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where SOUTHROYD lies on this distribution: 62% of detached houses are smaller than SOUTHROYD, and 37% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

SOUTHROYD: Plot and Title Map

SOUTHROYD sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of SOUTHROYD, 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 SOUTHROYD). 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 SOUTHROYD?

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