WESTFIELD COTTAGE, SUMMERS LANE, TOTLAND BAY, PO39 0HW - £290,000

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.

WESTFIELD COTTAGE is a very small extended semi-detached house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £305,672. It was last sold for £290,000 in May 2024, which was around 7% above the average May 2024 semi-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 B.

WESTFIELD COTTAGE Sold Prices

Land registry data shows two sales for WESTFIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two WESTFIELD COTTAGE sales was for above the average price, whilst the other was 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
2024 31 MAY	£290,000	£270,549	7% above HPI
2012 14 DEC	£165,000	£167,572	2% below HPI

WESTFIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two WESTFIELD COTTAGE sales from December 2012 and May 2024 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 December 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might WESTFIELD COTTAGE be worth now?

WESTFIELD COTTAGE might now be worth an estimated £305,672.

This is based on house price inflation of 5.4%, between May 2024 and February 2025, for semi-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 5.4% inflationary increase is applied to the most recent sale price for WESTFIELD COTTAGE of £290,000 on 31st May 2024. For the value to have increased from £290,000 to £305,672 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of WESTFIELD COTTAGE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of WESTFIELD COTTAGE has not materially changed since May 2024.

How Large is WESTFIELD COTTAGE?

WESTFIELD COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of semi-detached houses houses in Totland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Totland, and where WESTFIELD COTTAGE lies on this distribution: 17% of semi-detached houses houses are smaller than WESTFIELD COTTAGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Totland.

WESTFIELD COTTAGE: Plot and Title Map

WESTFIELD COTTAGE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of WESTFIELD COTTAGE, 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 WESTFIELD COTTAGE). 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 WESTFIELD COTTAGE?

WESTFIELD COTTAGE is located on SUMMERS LANE in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of WESTFIELD COTTAGE on SUMMERS LANE.