SPRING COTTAGE, SUMMERS LANE, TOTLAND BAY, PO39 0HG - £302,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

SPRING COTTAGE is a midsized extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £302,500 in December 2013, which was around 16% above the average December 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows four sales for SPRING COTTAGE 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. Most of the four SPRING 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
2013 20 DEC	£302,500	£259,966	16% above HPI
2002 31 OCT	£218,000	£178,593	22% above HPI
1999 21 MAY	£102,500	£97,717	5% above HPI
1996 3 OCT	£66,000	£71,010	7% below HPI

SPRING 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 four SPRING COTTAGE sales between October 1996 and December 2013 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 October 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 135m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the largest 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 SPRING COTTAGE lies on this distribution: 60% of detached houses are smaller than SPRING COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Totland.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.248 of an acre, or 1,005m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on SUMMERS LANE in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of SPRING COTTAGE on SUMMERS LANE.