BRIARBANK, EASTON LANE, FRESHWATER, PO40 9QR - £490,000

BRIARBANK is a large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £490,000 in February 2022, which was around 20% above the average February 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was B.

BRIARBANK Sold Prices

Land registry data shows three sales for BRIARBANK 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 BRIARBANK 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
2022 9 FEB	£490,000	£406,905	20% above HPI
2004 13 MAY	£240,000	£215,732	11% above HPI
2003 29 APR	£220,000	£188,683	17% above HPI

BRIARBANK 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 BRIARBANK sales between April 2003 and February 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 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is BRIARBANK?

BRIARBANK is 135m² according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where BRIARBANK lies on this distribution: 78% of detached houses are smaller than BRIARBANK, and 22% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

BRIARBANK: Plot and Title Map

BRIARBANK sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of BRIARBANK, 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 BRIARBANK). 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 BRIARBANK?

BRIARBANK is located on EASTON LANE in FRESHWATER, in the PO40 postcode district. The below map shows the position of BRIARBANK on EASTON LANE.