STONEBRIDGE, VICTORIA ROAD, FRESHWATER, PO40 9PP - £347,500

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.

STONEBRIDGE is a large detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £450,251. It was last sold for £347,500 in December 2018, which was around 11% above the average December 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

STONEBRIDGE Sold Prices

Land registry data shows three sales for STONEBRIDGE 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 STONEBRIDGE sales were for above the average price, whilst one was 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
2018 18 DEC	£347,500	£314,209	11% above HPI
2010 29 NOV	£295,000	£250,003	18% above HPI
1998 10 DEC	£82,500	£92,640	11% below HPI

STONEBRIDGE 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 STONEBRIDGE sales between December 1998 and December 2018 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 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might STONEBRIDGE be worth now?

STONEBRIDGE might now be worth an estimated £450,251.

This is based on house price inflation of 29.6%, between December 2018 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 29.6% inflationary increase is applied to the most recent sale price for STONEBRIDGE of £347,500 on 18th December 2018. For the value to have increased from £347,500 to £450,251 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of STONEBRIDGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2018 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of STONEBRIDGE has not materially changed since December 2018.

How Large is STONEBRIDGE?

STONEBRIDGE is 120m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where STONEBRIDGE lies on this distribution: 69% of detached houses houses are smaller than STONEBRIDGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

STONEBRIDGE: Plot and Title Map

STONEBRIDGE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of STONEBRIDGE, 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 STONEBRIDGE). 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 STONEBRIDGE?

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