SOUTHVIEW, WESTON LANE, TOTLAND BAY, PO39 0HE - £390,000

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.

SOUTHVIEW is a small detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £389,117. It was last sold for £390,000 in May 2022, which was around 4% below the average May 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

SOUTHVIEW Sold Prices

Land registry data shows three sales for SOUTHVIEW 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 SOUTHVIEW 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
2022 20 MAY	£390,000	£408,040	4% below HPI
2006 3 NOV	£243,000	£249,202	2% below HPI
2002 19 DEC	£156,000	£180,521	14% below HPI

SOUTHVIEW 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 SOUTHVIEW sales between December 2002 and May 2022 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 November 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might SOUTHVIEW be worth now?

SOUTHVIEW might now be worth an estimated £389,117.

This is based on house price deflation of 0.2%, between May 2022 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 0.2% deflationary decrease is applied to the most recent sale price for SOUTHVIEW of £390,000 on 20th May 2022. For the value to have decreased from £390,000 to £389,117 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of SOUTHVIEW has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHVIEW has not materially changed since May 2022.

How Large is SOUTHVIEW?

SOUTHVIEW is 99m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 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 SOUTHVIEW lies on this distribution: 31% of detached houses houses are smaller than SOUTHVIEW, and 68% of houses are larger. Note that EPC data is not available for all properties in Totland.

SOUTHVIEW: Plot and Title Map

SOUTHVIEW sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of SOUTHVIEW, 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 SOUTHVIEW). 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 SOUTHVIEW?

SOUTHVIEW is located on WESTON LANE in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of SOUTHVIEW on WESTON LANE.