WOODBINE, QUEENS ROAD, FRESHWATER, PO40 9HD - £173,000

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

WOODBINE is a midsized extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £173,000 in March 2004, which was around 18% below the average March 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

WOODBINE Sold Prices

Land registry data shows three sales for WOODBINE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three WOODBINE 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
2004 10 MAR	£173,000	£210,671	18% below HPI
2002 13 FEB	£110,000	£147,923	26% below HPI
1995 5 OCT	£55,000	£69,416	21% below HPI

WOODBINE 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 three WOODBINE sales between October 1995 and March 2004 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 February 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2004 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is WOODBINE?

WOODBINE is 100m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 WOODBINE lies on this distribution: 55% of detached houses are smaller than WOODBINE, and 43% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

WOODBINE: Plot and Title Map

WOODBINE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of WOODBINE, 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 WOODBINE). 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 WOODBINE?

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