WESTBURY, COLWELL ROAD, FRESHWATER, PO40 9SW - £143,000

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

WESTBURY is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £143,000 in April 2003, which was around 24% below the average April 2003 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was A.

WESTBURY Sold Prices

Land registry data shows two sales for WESTBURY 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 WESTBURY sales were for below 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
2003 8 APR	£143,000	£188,683	24% below HPI
1996 29 MAR	£59,000	£71,164	17% below HPI

WESTBURY 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 WESTBURY sales from March 1996 and April 2003 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 March 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2003 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is WESTBURY?

WESTBURY is 95m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where WESTBURY lies on this distribution: 29% of detached houses are smaller than WESTBURY, and 71% of houses are larger. Note that EPC data is not available for all properties in Colwell.

WESTBURY: Plot and Title Map

WESTBURY sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of WESTBURY, 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 WESTBURY). 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 WESTBURY?

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