WISTERIA COTTAGE, LONGHALVES, FRESHWATER, PO40 9AH - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WISTERIA COTTAGE is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £305,000 in December 2023, which was around 28% below the average December 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

WISTERIA COTTAGE Sold Prices

Land registry data shows four sales for WISTERIA COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four WISTERIA COTTAGE 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
2023 5 DEC	£305,000	£422,826	28% below HPI
1999 8 SEP	£72,500	£103,136	30% below HPI
1997 3 APR	£48,500	£74,389	35% below HPI
1995 21 NOV	£45,000	£68,411	34% below HPI

WISTERIA COTTAGE 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 four WISTERIA COTTAGE sales between November 1995 and December 2023 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 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is WISTERIA COTTAGE?

WISTERIA COTTAGE is 104m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where WISTERIA COTTAGE lies on this distribution: 60% of detached houses are smaller than WISTERIA COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

WISTERIA COTTAGE: Plot and Title Map

WISTERIA COTTAGE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of WISTERIA 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 WISTERIA 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 WISTERIA COTTAGE?

WISTERIA COTTAGE is located on LONGHALVES in FRESHWATER, in the PO40 postcode district. The below map shows the position of WISTERIA COTTAGE on LONGHALVES.