MILLERS CROFT, QUEENS ROAD, FRESHWATER, PO40 9ES - £277,500

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.

MILLERS CROFT is a very large detached house of 206m², built sometime between 1967 and 1975, which could now be worth an estimated £398,073. It was last sold for £277,500 in July 2015, which was around 3% above the average July 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

MILLERS CROFT Sold Prices

Land registry data shows two sales for MILLERS CROFT 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 MILLERS CROFT 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
2015 16 JUL	£277,500	£269,208	3% above HPI
1996 29 MAR	£90,000	£69,680	29% above HPI

MILLERS CROFT 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 MILLERS CROFT sales from March 1996 and July 2015 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 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might MILLERS CROFT be worth now?

MILLERS CROFT might now be worth an estimated £398,073.

This is based on house price inflation of 43.4%, between July 2015 and June 2025, for 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 43.4% inflationary increase is applied to the most recent sale price for MILLERS CROFT of £277,500 on 16th July 2015. For the value to have increased from £277,500 to £398,073 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of MILLERS CROFT has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2015 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of MILLERS CROFT has not materially changed since July 2015.

How Large is MILLERS CROFT?

MILLERS CROFT is 206m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where MILLERS CROFT lies on this distribution: 95% of detached houses houses are smaller than MILLERS CROFT, and 5% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

MILLERS CROFT: Plot and Title Map

MILLERS CROFT sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of MILLERS CROFT, 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 MILLERS CROFT). 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 MILLERS CROFT?

MILLERS CROFT is located on QUEENS ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of MILLERS CROFT on QUEENS ROAD.