DENHAM COTTAGE, HIGH STREET, FRESHWATER, PO40 9LG - £200,000

DENHAM COTTAGE is a very small extended detached house of 50m², built sometime before 1900. It was last sold for £200,000 in October 2020, which was around 43% below the average October 2020 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 B.

DENHAM COTTAGE Sold Prices

Land registry data shows four sales for DENHAM COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four DENHAM COTTAGE 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
2020 16 OCT	£200,000	£352,278	43% below HPI
2016 7 MAR	£160,000	£289,611	45% below HPI
2007 9 JAN	£115,000	£258,033	55% below HPI
2004 14 MAY	£92,000	£215,732	57% below HPI

DENHAM COTTAGE 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 four DENHAM COTTAGE sales between May 2004 and October 2020 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 March 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is DENHAM COTTAGE?

DENHAM COTTAGE is 50m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where DENHAM COTTAGE lies on this distribution: 1% of detached houses are smaller than DENHAM COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

DENHAM COTTAGE: Plot and Title Map

DENHAM COTTAGE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of DENHAM COTTAGE, 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 DENHAM COTTAGE). 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 DENHAM COTTAGE?

DENHAM COTTAGE is located on HIGH STREET in FRESHWATER, in the PO40 postcode district. The below map shows the position of DENHAM COTTAGE on HIGH STREET.