WESTWAYS, THE MALL, TOTLAND BAY, PO39 0DS - £273,000

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.

WESTWAYS is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £443,892. It was last sold for £273,000 in June 2012, which was around 9% above the average June 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

WESTWAYS Sold Prices

Land registry data shows two sales for WESTWAYS 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 WESTWAYS 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
2012 13 JUN	£273,000	£250,382	9% above HPI
2007 3 SEP	£305,000	£264,609	15% above HPI

WESTWAYS 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 WESTWAYS sales from September 2007 and June 2012 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 September 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2012 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might WESTWAYS be worth now?

WESTWAYS might now be worth an estimated £443,892.

This is based on house price inflation of 62.6%, between June 2012 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 62.6% inflationary increase is applied to the most recent sale price for WESTWAYS of £273,000 on 13th June 2012. For the value to have increased from £273,000 to £443,892 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of WESTWAYS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2012 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of WESTWAYS has not materially changed since June 2012.

How Large is WESTWAYS?

WESTWAYS is 80m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 WESTWAYS lies on this distribution: 15% of detached houses houses are smaller than WESTWAYS, and 85% of houses are larger. Note that EPC data is not available for all properties in Totland.

WESTWAYS: Plot and Title Map

WESTWAYS sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of WESTWAYS, 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 WESTWAYS). 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 WESTWAYS?

WESTWAYS is located on THE MALL in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of WESTWAYS on THE MALL.