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

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.

TIMBERS is a large detached house of 160m², built sometime between 1983 and 1990, which could now be worth an estimated £523,916. It was last sold for £365,000 in July 2016, which was around 29% 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	£283,628	29% above HPI
2000 20 OCT	£165,000	£125,073	32% 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 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might TIMBERS be worth now?

TIMBERS might now be worth an estimated £523,916.

This is based on house price inflation of 43.5%, between July 2016 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 43.5% inflationary increase is applied to the most recent sale price for TIMBERS of £365,000 on 15th July 2016. For the value to have increased from £365,000 to £523,916 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of TIMBERS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBERS has not materially changed since July 2016.

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 houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where TIMBERS lies on this distribution: 74% of detached houses 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.