SWEET BRIARS, COLWELL CHINE ROAD, FRESHWATER, PO40 9NP - £249,950

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.

SWEET BRIARS is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £414,383. It was last sold for £249,950 in August 2011, which was around 3% above the average August 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

SWEET BRIARS Sold Prices

Land registry data shows two sales for SWEET BRIARS 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. One of the two SWEET BRIARS sales was for above the average price, whilst the other 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
2011 19 AUG	£249,950	£242,899	3% above HPI
2007 1 FEB	£235,000	£250,704	6% below HPI

SWEET BRIARS 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 SWEET BRIARS sales from February 2007 and August 2011 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 February 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might SWEET BRIARS be worth now?

SWEET BRIARS might now be worth an estimated £414,383.

This is based on house price inflation of 65.8%, between August 2011 and March 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 65.8% inflationary increase is applied to the most recent sale price for SWEET BRIARS of £249,950 on 19th August 2011. For the value to have increased from £249,950 to £414,383 over the fourteen years and five months to March 2025, the following assumptions must hold true:

• The value of SWEET BRIARS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2011 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of SWEET BRIARS has not materially changed since August 2011.

How Large is SWEET BRIARS?

SWEET BRIARS is 94m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwell, and where SWEET BRIARS lies on this distribution: 27% of detached houses houses are smaller than SWEET BRIARS, and 73% of houses are larger. Note that EPC data is not available for all properties in Colwell.

SWEET BRIARS: Plot and Title Map

SWEET BRIARS sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of SWEET BRIARS, 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 SWEET BRIARS). 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 SWEET BRIARS?

SWEET BRIARS is located on COLWELL CHINE ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of SWEET BRIARS on COLWELL CHINE ROAD.