PARSNIPS PATCH, UPPER PRINCES ROAD, FRESHWATER, PO40 9EE - £150,000

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.

PARSNIPS PATCH is a detached house, which could now be worth an estimated £244,623. It was last sold for £150,000 in March 2006, which was around 36% below the average March 2006 detached price in the Isle of Wight local authority area.

PARSNIPS PATCH Sold Prices

Land registry data shows one sale for PARSNIPS PATCH since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 15 MAR	£150,000	£232,944	36% below HPI

What might PARSNIPS PATCH be worth now?

PARSNIPS PATCH might now be worth an estimated £244,623.

This is based on house price inflation of 63.1%, between March 2006 and May 2026, 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 63.1% inflationary increase is applied to the most recent sale price for PARSNIPS PATCH of £150,000 on 15th March 2006. For the value to have increased from £150,000 to £244,623 over the nineteen years and ten months to May 2026, the following assumptions must hold true:

• The value of PARSNIPS PATCH has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2006 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of PARSNIPS PATCH has not materially changed since March 2006.

Where is PARSNIPS PATCH?

PARSNIPS PATCH is located on UPPER PRINCES ROAD in FRESHWATER, in the PO40 postcode district.