TIMBERS, WESTLANDS, TOTLAND BAY, PO39 0DJ - £365,000

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

TIMBERS is a large detached house of 160m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2016, which was around 26% above the average July 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

TIMBERS Sold Prices

Land registry data shows two sales for TIMBERS 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 TIMBERS 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
2016 15 JUL	£365,000	£289,666	26% above HPI
2000 20 OCT	£165,000	£127,735	29% above HPI

TIMBERS 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 TIMBERS sales from October 2000 and July 2016 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 2000 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is TIMBERS?

TIMBERS is 160m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where TIMBERS lies on this distribution: 74% of detached houses are smaller than TIMBERS, and 26% of houses are larger. Note that EPC data is not available for all properties in Totland.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of TIMBERS, 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 TIMBERS). 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 TIMBERS?

TIMBERS is located on WESTLANDS in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of TIMBERS on WESTLANDS.