SPINDRIFT, KENDAL ROAD, TOTLAND BAY, PO39 0BP - £229,000

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

SPINDRIFT is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £229,000 in September 2023, which was around 46% below the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

SPINDRIFT Sold Prices

Land registry data shows three sales for SPINDRIFT 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. Two of the three SPINDRIFT sales were for below the average price, whilst one was 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
2023 13 SEP	£229,000	£421,096	46% below HPI
1998 9 SEP	£84,000	£92,265	9% below HPI
1996 9 AUG	£73,000	£70,804	3% above HPI

SPINDRIFT 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 SPINDRIFT sales between August 1996 and September 2023 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 September 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 113m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where SPINDRIFT lies on this distribution: 42% of detached houses are smaller than SPINDRIFT, and 57% of houses are larger. Note that EPC data is not available for all properties in Totland.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on KENDAL ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of SPINDRIFT on KENDAL ROAD.