WELLESLEY HOUSE, BLACKBRIDGE ROAD, FRESHWATER, PO40 9QP - £370,000

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.

WELLESLEY HOUSE is a large extended detached house of 126m², built sometime between 1930 and 1949, which could now be worth an estimated £566,822. It was last sold for £370,000 in October 2014, which was around 39% above the average October 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

WELLESLEY HOUSE Sold Prices

Land registry data shows two sales for WELLESLEY HOUSE 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 WELLESLEY HOUSE 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
2014 10 OCT	£370,000	£265,750	39% above HPI
2000 12 OCT	£165,000	£125,073	32% above HPI

WELLESLEY HOUSE 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 WELLESLEY HOUSE sales from October 2000 and October 2014 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 October 2014 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might WELLESLEY HOUSE be worth now?

WELLESLEY HOUSE might now be worth an estimated £566,822.

This is based on house price inflation of 53.2%, between October 2014 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 53.2% inflationary increase is applied to the most recent sale price for WELLESLEY HOUSE of £370,000 on 10th October 2014. For the value to have increased from £370,000 to £566,822 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of WELLESLEY HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2014 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of WELLESLEY HOUSE has not materially changed since October 2014.

How Large is WELLESLEY HOUSE?

WELLESLEY HOUSE is 126m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where WELLESLEY HOUSE lies on this distribution: 72% of detached houses houses are smaller than WELLESLEY HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

WELLESLEY HOUSE: Plot and Title Map

WELLESLEY HOUSE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of WELLESLEY HOUSE, 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 WELLESLEY HOUSE). 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 WELLESLEY HOUSE?

WELLESLEY HOUSE is located on BLACKBRIDGE ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of WELLESLEY HOUSE on BLACKBRIDGE ROAD.