WALMLEY, HEATHFIELD ROAD, FRESHWATER, PO40 9SH - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WALMLEY is a midsized extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £350,000 in March 2017, which was around 17% above the average March 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

WALMLEY Sold Prices

Land registry data shows two sales for WALMLEY 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 WALMLEY 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
2017 23 MAR	£350,000	£299,115	17% above HPI
2006 22 JUL	£275,000	£247,337	11% above HPI

WALMLEY 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 WALMLEY sales from July 2006 and March 2017 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 July 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is WALMLEY?

WALMLEY is 109m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where WALMLEY lies on this distribution: 43% of detached houses are smaller than WALMLEY, and 54% of houses are larger. Note that EPC data is not available for all properties in Colwell.

WALMLEY: Plot and Title Map

WALMLEY sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of WALMLEY, 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 WALMLEY). 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 WALMLEY?

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