POSEIDON, WINDMILL LANE, FRESHWATER, PO40 9DX - £270,000

POSEIDON is a large detached house of 110m², built sometime between 1967 and 1975. It was last sold for £270,000 in October 2017, which was around 12% below the average October 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

POSEIDON Sold Prices

Land registry data shows two sales for POSEIDON 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 POSEIDON 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
2017 13 OCT	£270,000	£308,033	12% below HPI
2015 19 JUN	£175,000	£274,143	36% below HPI

POSEIDON 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 POSEIDON sales from June 2015 and October 2017 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 June 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is POSEIDON?

POSEIDON is 110m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where POSEIDON lies on this distribution: 62% of detached houses are smaller than POSEIDON, and 37% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

POSEIDON: Plot and Title Map

POSEIDON sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of POSEIDON, 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 POSEIDON). 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 POSEIDON?

POSEIDON is located on WINDMILL LANE in FRESHWATER, in the PO40 postcode district. The below map shows the position of POSEIDON on WINDMILL LANE.