WOODCOTE, AFTON ROAD, FRESHWATER, PO40 9TS - £440,000

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

WOODCOTE is a very large detached house of 159m², built sometime between 1967 and 1975. It was last sold for £440,000 in February 2014, which was around 70% above the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

WOODCOTE Sold Prices

Land registry data shows three sales for WOODCOTE 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 WOODCOTE 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
2014 7 FEB	£440,000	£259,038	70% above HPI
2007 31 AUG	£420,000	£263,269	60% above HPI
1996 28 OCT	£119,000	£71,010	68% above HPI

WOODCOTE 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 WOODCOTE sales between October 1996 and February 2014 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 August 2007 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the February 2014 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is WOODCOTE?

WOODCOTE is 159m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where WOODCOTE lies on this distribution: 89% of detached houses are smaller than WOODCOTE, and 11% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

WOODCOTE: Plot and Title Map

WOODCOTE sits on a plot of roughly 0.625 of an acre, or 2,531m². The below map shows the location of WOODCOTE, 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 WOODCOTE). 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 WOODCOTE?

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