PEARTREE COTTAGE, GUYERS ROAD, FRESHWATER, PO40 9QA - £130,000

PEARTREE COTTAGE is a very small extended detached house of 32m², built sometime between 1900 and 1929. It was last sold for £130,000 in September 2016, which was around 56% below the average September 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

PEARTREE COTTAGE Sold Prices

Land registry data shows two sales for PEARTREE COTTAGE 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 PEARTREE 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
2016 28 SEP	£130,000	£295,772	56% below HPI
2005 23 SEP	£100,000	£237,558	58% below HPI

PEARTREE 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 two PEARTREE COTTAGE sales from September 2005 and September 2016 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 September 2005 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the September 2016 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is PEARTREE COTTAGE?

PEARTREE COTTAGE is 32m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 PEARTREE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than PEARTREE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

PEARTREE COTTAGE: Plot and Title Map

PEARTREE COTTAGE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of PEARTREE 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 PEARTREE 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 PEARTREE COTTAGE?

PEARTREE COTTAGE is located on GUYERS ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of PEARTREE COTTAGE on GUYERS ROAD.