SUNNY BANK, QUEENS ROAD, FRESHWATER, PO40 9HE - £216,500

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

SUNNY BANK is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £216,500 in November 2013, which was around 16% below the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

SUNNY BANK Sold Prices

Land registry data shows two sales for SUNNY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two SUNNY BANK 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
2013 22 NOV	£216,500	£259,215	16% below HPI
1996 30 AUG	£62,950	£70,804	11% below HPI

SUNNY BANK 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 two SUNNY BANK sales from August 1996 and November 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 August 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is SUNNY BANK?

SUNNY BANK is 68m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where SUNNY BANK lies on this distribution: 15% of detached houses are smaller than SUNNY BANK, and 84% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

SUNNY BANK: Plot and Title Map

SUNNY BANK sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of SUNNY BANK, 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 SUNNY BANK). 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 SUNNY BANK?

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