CHERRY PIE, BAY ROAD, FRESHWATER, PO40 9QS - £235,000

CHERRY PIE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £235,000 in November 2012, which was around 6% below the average November 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2012, where the current energy rating was F, and the potential energy rating was C.

CHERRY PIE Sold Prices

Land registry data shows two sales for CHERRY PIE 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 CHERRY PIE 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
2012 28 NOV	£235,000	£248,815	6% below HPI
2000 18 DEC	£120,000	£131,743	9% below HPI

CHERRY PIE 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 CHERRY PIE sales from December 2000 and November 2012 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 December 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is CHERRY PIE?

CHERRY PIE is 67m² according to the EPC inspection conducted in April 2012. 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 CHERRY PIE lies on this distribution: 14% of detached houses are smaller than CHERRY PIE, and 85% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

CHERRY PIE: Plot and Title Map

CHERRY PIE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of CHERRY PIE, 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 CHERRY PIE). 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 CHERRY PIE?

CHERRY PIE is located on BAY ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of CHERRY PIE on BAY ROAD.