WATERDIP, YORK LANE, TOTLAND BAY, PO39 0ER - £665,000

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.

WATERDIP is a very large extended detached house of 206m², built sometime between 1976 and 1982, which could now be worth an estimated £756,167. It was last sold for £665,000 in May 2021, which was around 86% above the average May 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

WATERDIP Sold Prices

Land registry data shows two sales for WATERDIP 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 WATERDIP 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
2021 11 MAY	£665,000	£358,032	86% above HPI
2005 16 JUN	£420,000	£229,081	83% above HPI

WATERDIP 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 WATERDIP sales from June 2005 and May 2021 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 June 2005 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the May 2021 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might WATERDIP be worth now?

WATERDIP might now be worth an estimated £756,167.

This is based on house price inflation of 13.7%, between May 2021 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 13.7% inflationary increase is applied to the most recent sale price for WATERDIP of £665,000 on 11th May 2021. For the value to have increased from £665,000 to £756,167 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of WATERDIP has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2021 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of WATERDIP has not materially changed since May 2021.

How Large is WATERDIP?

WATERDIP is 206m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% 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 WATERDIP lies on this distribution: 83% of detached houses houses are smaller than WATERDIP, and 17% of houses are larger. Note that EPC data is not available for all properties in Totland.

WATERDIP: Plot and Title Map

WATERDIP sits on a plot of roughly 0.545 of an acre, or 2,205m². The below map shows the location of WATERDIP, 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 WATERDIP). 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 WATERDIP?

WATERDIP is located on YORK LANE in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of WATERDIP on YORK LANE.