44, PARKWAY, FRESHWATER, PO40 9DH - £300,000

44 PARKWAY is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £300,000 in January 2022, which was around 27% below the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

44 PARKWAY Sold Prices

Land registry data shows two sales for 44 PARKWAY 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 44 PARKWAY 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
2022 14 JAN	£300,000	£409,850	27% below HPI
2019 16 MAY	£240,000	£322,742	26% below HPI

44 PARKWAY 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 44 PARKWAY sales from May 2019 and January 2022 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 May 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 44 PARKWAY?

44 PARKWAY is 68m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 44 PARKWAY lies on this distribution: 15% of detached houses are smaller than 44 PARKWAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

44 PARKWAY: Plot and Title Map

44 PARKWAY sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 44 PARKWAY, 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 44 PARKWAY). 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 44 PARKWAY?

44 PARKWAY is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 44 on PARKWAY.