LORETO, MIDDLETON, FRESHWATER, PO40 9PA - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LORETO is a very small extended semi-detached house of 83m², built sometime before 1900, which could now be worth an estimated £255,425. It was last sold for £160,000 in February 2010, which was around 6% below the average February 2010 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

LORETO Sold Prices

Land registry data shows two sales for LORETO since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two LORETO sales was for below the average price, whilst the other was 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
2010 24 FEB	£160,000	£169,664	6% below HPI
2001 10 OCT	£107,500	£89,829	20% above HPI

LORETO Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two LORETO sales from October 2001 and February 2010 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 October 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2010 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might LORETO be worth now?

LORETO might now be worth an estimated £255,425.

This is based on house price inflation of 59.6%, between February 2010 and June 2025, for semi-detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.6% inflationary increase is applied to the most recent sale price for LORETO of £160,000 on 24th February 2010. For the value to have increased from £160,000 to £255,425 over the fourteen years and eight months to June 2025, the following assumptions must hold true:

• The value of LORETO has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2010 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of LORETO has not materially changed since February 2010.

How Large is LORETO?

LORETO is 83m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of semi-detached houses houses in Totland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Totland, and where LORETO lies on this distribution: 17% of semi-detached houses houses are smaller than LORETO, and 82% of houses are larger. Note that EPC data is not available for all properties in Totland.

LORETO: Plot and Title Map

LORETO sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of LORETO, 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 LORETO). 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 LORETO?

LORETO is located on MIDDLETON in FRESHWATER, in the PO40 postcode district. The below map shows the position of LORETO on MIDDLETON.