WAGTAILS, BAY ROAD, FRESHWATER, PO40 9QS - £640,000

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

WAGTAILS is a very large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £640,000 in March 2023, which was around 51% above the average March 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

WAGTAILS Sold Prices

Land registry data shows two sales for WAGTAILS 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 WAGTAILS 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
2023 31 MAR	£640,000	£424,882	51% above HPI
2016 28 OCT	£305,000	£291,518	5% above HPI

WAGTAILS 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 WAGTAILS sales from October 2016 and March 2023 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 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2023 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is WAGTAILS?

WAGTAILS is 154m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 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 WAGTAILS lies on this distribution: 88% of detached houses are smaller than WAGTAILS, and 11% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

WAGTAILS: Plot and Title Map

WAGTAILS sits on a plot of roughly 0.274 of an acre, or 1,110m². The below map shows the location of WAGTAILS, 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 WAGTAILS). 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 WAGTAILS?

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